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Economics

NY Fed’s Fired Goldman Examiner Makes Weird Case

It’s one of those storylines that was too good for the news media to pass up: A former examiner for the Federal Reserve Bank of New York claims she was fired because she refused to change her unflattering findings about Goldman Sachs Group Inc. And now she is suing her former employer.

As if that narrative lacked for intrigue, the New York Fed asked a judge to seal some records from the lawsuit, including internal Fed e-mails and parts of the complaint, even though they already had been posted on multiple websites after the case was filed. The plaintiff, Carmen Segarra, had disclosed “confidential supervisory information” that the public wasn’t supposed to see, according to lawyers for the compulsively secretive New York Fed. But the judge declined its request, saying there would be no point to sealing them now.