Carmen Segarra is a former bank examiner who gained national attention in 2014 for her role in a whistleblower case against the Federal Reserve Bank of New York (FRBNY) and Goldman Sachs. As an examiner, Segarra was responsible for providing oversight of Goldman Sachs, but she claimed that she was fired by the FRBNY after she refused to alter a report that found Goldman Sachs had inadequate procedures to deal with conflicts of interest.
Segarra sued the FRBNY and settled out of court in 2015. The case sparked a public debate about the regulatory authorities overseeing Wall Street and led to several reforms, including the adoption of stricter internal controls and more transparency. Segarra has continued to speak out about her experiences and the need for greater accountability in the financial industry. She now works as a consultant and public speaker, advocating for better regulatory practices and ethics in business.
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