The Sad State of the Federal Reserve and its Relationship with Goldman Sachs | Exploring Markets

The Sad State of the Federal Reserve and its Relationship with Goldman Sachs

Here is a podcast about Goldman Sachs, the New York Fed, and Carmen Segarra. It is a discussion with secret recordings from the New York Fed. Specifically, their agreements made behind closed doors deals with Goldman Sachs.

It shows how Wall Street banks still have a huge influence over the US Government and its policies. But even more importantly, it shows how weak our Federal Reserve is, having no clout or power over Wall Street:

"In Goldman's view, once clients are wealthy enough, certain consumer laws don't apply to them." - Goldman Sachs Vice President in a meeting with the New York Fed.