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Opinion
Jonathan Weil

Non-Scandal About Fed, Goldman Sachs Fizzles Out

A lawsuit brought by a former New York Fed examiner, claiming her anti-Goldman Sachs views got her fired, was tossed out by a federal judge. And rightly so. 
Goldman Sachs can go back to focusing on real scandals. Photographer: Victor J. Blue/Bloomberg
Goldman Sachs can go back to focusing on real scandals. Photographer: Victor J. Blue/Bloomberg

Carmen Segarra, a former examiner for the Federal Reserve Bank of New York, claimed last year in a lawsuit that she was fired because she refused to change her unfavorable conclusions about Goldman Sachs Group Inc. At the time, she proved wildly successful at getting a lot of favorable publicity for herself.

As for her case against the Fed, it didn't make sense. A federal judge yesterday tossed it out of court -- and rightly so.