In the wake of secret tape recordings between an accommodating New York Federal Reserve regulator and a stern Goldman Sachs Group Inc (NYSE:GS), two members of the U.S. Senate are calling for an investigation into the New York Federal Reserve. But is the most troubling issue being overlooked? Significance of the Goldman Sachs / Fed / Segarra Tapes Although certain media voices downplayed the significance of the tapes, saying in recent interviews they knew such regulatory capture existed, reform advocates note a key point that has yet to be revealed and is oddly being downplayed in subsequent reporting and in…
Is The Real Issue In Goldman Sachs / Fed / Segarra Tapes Being Addressed?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.