Elizabeth Warren wants to probe if Fed is too close to big banks
Sen. Elizabeth Warren wants Congress to look into allegations the New York Federal Reserve blocked one of its own from criticizing Goldman Sachs.
The allegations were made Friday and are based on what appear to be secretly-made recordings of meetings between a Fed investigator and her colleagues. The investigator, Carmen Segarra, was fired but in 2011 and 2012 was assigned to monitor Goldman. Two news outlets that received the tapes, This American Life and ProPublica, reported they showed Fed officials pushing back on her efforts.
Warren said the tapes raise "disturbing issues" and that hearings are necessary "because it's our job to make sure our financial regulators are doing their jobs."
The tapes are also part of Segarra's lawsuit against the Fed for wrongfully firing her after just seven months.
http://money.cnn.com/2014/09/28/news/economy/elizabeth-warren-fed-tapes/index.html?hpt=hp_t2
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I really do -- well except for her seemingly unswerving support of Israel's apartheid in Gaza -- but on stuff related to Wall St., she had me at her first US Senate campaign speech.
But seriously, does anyone really think that Warren (or ANYone for that matter) is really able to get elected POTUS and then do radical shit about Wall St., like she's saying she'll do? I have this funny feeling when I allow myself to "go there" and imagine Warren really doing what she's proposing. Then I remember a young black man from Chicago running of POTUS who I'd barely heard of, and how his insights and promises regarding getting out of the ME and about reigning in Wall St.
I dunno. I feel a little like Charlie Brown looking at Susan -- again -- holding that football waiting for me to try to kick it.
