BREAKING: Secret Recordings of Federal Reserve show corruption
September 26, 2014
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Audio and transcript has been released early by NPR.
(NPR: This American Life) An unprecedented look inside one of the most powerful, secretive institutions in the country. The NY Federal Reserve is supposed to monitor big banks. But when Carmen Segarra was hired, what she witnessed inside the Fed was so alarming that she got a tiny recorder, and started secretly taping.
Among other things, Carmen is told that, “credibility at the Fed is about subtleties and about perceptions, as opposed to reality…
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