Dudley on the Defense: What Do the Goldman Tapes Reveal?

The transcript discusses a whistleblower's criticism of the Federal Reserve's culture and examination process, highlighting a perceived bias towards banks like Goldman Sachs. The whistleblower, a former bank employee, faced challenges and filed a legal case demanding $7 million. The discussion also touches on the complexity of whistleblowers, particularly women, and the criticisms they face in professional settings.

What was the main criticism the whistleblower had about the Federal Reserve's culture?

• They had too many conflict of interest policies.

• They were biased in favor of the banks they regulated.

• They were too lenient with small businesses.

• They were too strict with banks.

How did the Federal Reserve station their examiners in relation to the banks?

• They visited the banks once a year.

• They were stationed inside the banks.

• They worked remotely from a central office.

• They only communicated via email.

What was Bill Dudley's connection to Goldman Sachs?

• He was a major shareholder.

• He had no connection.

• He was a current board member.

• He was a former employee.

What amount is the whistleblower demanding in her case?

• $7 million

• $10 million

• $3 million

• $5 million

What were some of the criticisms the whistleblower faced from her superiors?

• She was overly supportive of the banks.

• She was too quiet and reserved.

• She was not a team player and too opinionated.

• She was too cooperative.