News, Vision & Voice for the Advisory Community


High-level Fed committee overruled Carmen Segarra's finding on Goldman Sachs

New York Fed President Bill Dudley says senior Fed officials did not accept a conclusion that had been endorsed by frontline Fed examiners stationed at some of the nation’s largest banks.

Author Jake Bernstein, ProPublica January 21, 2015 at 6:05 PM
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New York Fed president Bill Dudley speaks during a Senate subcommittee hearing. [Andrew Harrer/Bloomberg via Getty images]

Teresa Vollenweider

Teresa Vollenweider

January 21, 2015 — 9:55 PM

DUDley should be fired, and Carmen Segarra should take his place.

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