book fairs and festivals happening around the country. next week in new orleans the american library association's annual conference featuring a keynote talk by michelle obama. from july 11th to the 14th the annual libertarian conference freedom first in las vegas. august 18th, the mississippi book festival in jackson with john meacham, salman rushdie and others. for more information about upcoming book fairs and festivals and to watch our previous festival coverage click the book fairs tab on booktv.org. >> we want to introduce a first-time author, her book is called noncompliance, a known whistleblower exposes the giants of wall street, it comes out in october of this year. give us a brief synopsis of your career.

>> i'm a lawyer by training and profession. i started working at law firms, that is what lawyers do and after a while i went into banking. one of the few fields that allowed women to progress. so i joined, and at some point the 2008 crisis hit and at that point in my career it was time to do a shift because you are getting older, getting up there and you are more senior and the opportunity came up to work at the bank of new york and i took it. >> reporter: what work do you do at the fed? >> i was a senior bank examiner and that is a fancy way of saying my job was to go into any bank the fed supervises and make sure they are complying with the law they are supposed to be complying with.

>> as a compliance officer how complex are the banking laws at goldman sachs? >> very complex. there are thousands of regulations already on the books. i specifically focus on the international and consumer areas. you have to add to 50 state and federal law, it takes many years. >> is a compliance officer with the federal reserve, a government employee, your focus was goldman sachs. where were you located, what work did you do. >> at the time, these employees, and what that meant,

>> what was a typical day. >> you get up early in the morning. and hit the news and cable wire. and go into the office and what you do, you spend a lot of time reading. preparing exams what is not working. and executive the goldman sachs. >> and all the time. >> and scheduled ahead of time

and there were topics, and which topics at that time. and all these things, there were a lot of them. >> what would you do something with not being complied with. what you're supposed to do, and write down they need to fix it, and how they should take fixing it and an enormous amount of data gathering to produce those reports. >> your book is called noncompliance. what was goldman sachs doing, is it illegal or however you want to praise it? >> it wasn't just goldman

sachs, there were -- it was easier for me to say what you are complying with. >> the gap between those two is big. it was difficult to find things they were doing right. it was an embarrassment. >> give an example. >> one of the stories we talk about early on in the book, sitting down with one of the federal reserve bank of new york employees, the status of anti-money laundering program and to say very simply the rules the employees of the bank are supposed to follow to catch anybody, trying to use the bank

to launder money, to make a clean, what was shocking to me if i was sitting there and taking on this information, how this employee was telling me at the same time they are doing all these things that are wrong, and all sorts of things, but at the same time trying to convince me there was nothing wrong with that but other banks did it wrong as well as i shouldn't just write about it because it is not a big deal so if you come from having come for banks to comply with laws, and surrounded by people i work with, make it work in the framework off the walk. it was jarring to see, someone

working for the taxpayer. and they are intellectually aware something wrong at goldman sachs but trying to sweep it under the rug. >> are you suggesting there is a coziness between the new york fed and goldman sachs? >> it is too general a term. legal minds, exactly which legal term describes it? there is certainly a lot of things going on. a lot of misrepresentations and illegal behavior and rule breaking that goes on that is going unpunished. >> you made a big decision. >> you made two big decisions,

the first decision came as result of a triggering event, to delete information from a report, it would be like record tampering. and legal advice outside the fed, who were very much more experienced than i was and advised me to report what is going on. we know this is a problem but a knowledge gap between what is known by the public and what is really going on. it is hard to prove these things are going on. if you record, we will be able to get more information as to what is going on. i went ahead and decided to work on it while working at the federal bank of new york and they asked me again to do something illegal much along the lines of the first time, to

change a report, protect goldman sachs and allow them to continue with their activities and i was fired. it was important for the public to know this was going on. in the framework of the law, which itself served to show people these things can be done, to use the forum, to use a protected privileged environment. >> could you have released those recordings legally to the public? >> he is in the sense that i am a whistleblower and this is a matter of public interest, but using -- i have a right to defend myself against being fired for refusing to break the

law. at that point when you are defending yourself, you are using your right as a whistleblower to defend yourself from misbehavior by your employer, to shine a light on what is really going on. there were multiple avenues i could have used and i used them simultaneously with recordings to the press and putting them in the hands of the courts. >> host: once you declare yourself or become a whistleblower, you have legal protection. is that correct? >> guest: it is a whistleblower lawsuit and that that point you are connected. >> host: did you wear a wire into the office? >> guest: i didn't wear a wire. mostly because it is not something i could have access

to if you will but i used to timing device that looked like a usb recorder tied to my keychain which was tied to my blackberry, the bank of new york had given me. >> host: were you scared? >> guest: not at all. as a lawyer you know certain things. new york is one of the states allows people to restored -- it is legal to make a recording if someone in the room consents. i was consenting, the recorder counts as a person. it was legal. and banks record conversations all the time. this is absolutely normal. what is not normal is i release them to the public. >> host: walk us through the day you were fired. >> the first inkling i had that i was going to get fired, came

from the attorney, she and i built up a relationship you are allowed to having the constraints and confines of an office especially the bank of new york, having interactions with staff. i talked to everyone. as i was meeting with my supervisor, i had meetings outside of goldman at new york headquarters and scheduled to go to the meeting with the supervisor and it was always a good one. i knew that something was going to happen. i walked to the fed. turned on the recorder, walked out and went to the conference room and there was my supervisor who did not speak a

word to me at all and there was the gentleman who fired me, the head of the team that were working inside goldman sachs. and he basically told me i was fired for insubordination and refusing to follow orders and i tried -- i asked him essentially what are you basing this on? and refused to answer it. and the whole leading short, got up and left. and it was very typical, when employees were fired. walking you off the building and escorted out. >> noncompliance with the name

of the book, it comes out in october and you can see what the conclusion is when it is published. this is booktv on c-span2. >> is a look at some authors recently featured on booktv's afterwards, our weekly author interview program that includes best-selling nonfiction books and guest interviewers.