What the Secret Goldman Sachs Recordings Reveal

The transcript discusses the deference of Fed examiners towards Goldman Sachs, highlighting confusion about their regulatory role. It focuses on Miss Segarra, a Fed examiner who was fired after raising concerns, and the legal implications of her case. The discussion critiques the Fed's regulatory approach, suggesting a need for tougher oversight. Media influence and public perception are also examined, with recommendations for greater transparency and accountability in financial regulation.

What were the implications of the tapes that were made public?

What was the response of Goldman Sachs regarding the allegations made against them?

How did the behavior of the regulators reflect on their relationship with the banks?