that is what they call teenagers four. is that really the best we can do is to tell our children to be more responsible than the adults trade to serve their community? >> we want to introduce you to first time author of the book noncompliance. it comes out october this year. before we start, give us a brief analysis of your career. >> i am a lawyer by training. i started off working at law firms and after a while i went into baking.

as the time i was coming up as a young lawyer i join something and at some point the 2008 crisis hit and at that point in my career it was time for a shift as become more senior and there was a job at bank of new york and i took it. >> i was a senior bank examiner that is a fancy way to say my job was to go into any bank the fed revises to see that they comply with the law and the rules and regulation. >> as a compliance officer how depressed are those laws that they are to follow? make incredibly complex.

thousand 10000 of regulations already on the books they focus a lot on the international so you have to ask and all of those with international law it is incredible and it takes many years to understand. >>host: so as a compliance officer with the federal reserve you were a government employee? >> yes. >> and your focus? >> where were you located and what kind of work did you do? >> i was trying to go my --dash by goldman sachs at the time. >> so what is your typical day? >> to get up pretty early in

the morning. i would hit the news with the cable wires to read what is going on at the bank under or for what and then i would spend an enormous amount of time reading or they could see what is what. >> so what about those meetings leading to executives? >> that's correct. >> what would happen? >> so it depended on which topic or what the conversations would be about. a lot of the conversation and

there were a lot of them. dad is not being supplied with what would you do? what the federal reserve would do and why this is not working so that enormous amount of data gathering. >> your book is called noncompliance to make that the issue for me was it was the bank employees that work as well. it is easier for me to say

they were compliant than not. so give an example. >> so early on in the book with one of those believe in the 1991 that is the rules they were to follow to catch anybody that tries to use the bank to launder money. so what was shocking to me taking on this information how

this particular employee told they are not just doing them wrong in the united states but around the world. so then to convince me there was nothing wrong with that. because those other things that wrong as well and as we are sitting there and helping the banks to comply with the law. it is absolutely jarring to go and for those taxpayers that they are aware that there is something wrong.

>> i think the goldmine will typically. and a lot of things going on with misinterpretation and a lot of breaking going on. >> so the first vision and i was asked to take information from what i prepared because that would be record tampering

so i sought legal advice from the people that i trusted and they advised me to report what was going on that we know this is a problem but there is a big knowledge gap what is known by the public and it's very hard to prove this so maybe if you report we can get more information about what is going on. so i went ahead while i was working at the federal reserve of new york but then they chose to do something illegal along the lines of the first time. to protect goldman sachs to allow them to continue i refused and i was fired then i

decided but to live in a protective privileged environment. >>host: could you have done that legally to the public? to make yes in the sense that i am a whistleblower and the amount of public interest. but using a legal proceeding helped because i felt i could defend itself against that refusing to stop breaking the law. and then also to defend yourself five minutes to to

shine a light because that is what is going on. >> once you declare yourself a whistleblower you have legal protection? can i keep eventually yes. there is a whistleblower lawsuit. at that point you are. >> i did not wear wire. mostly because that was not something i could have access to because i. >> were you scared? >> not at all.

new york is one of the safe who can report of the consent of just one person and the employees were perfectly legal and so what is non- adorable neck the first inkling i had i would get five that he and i would build up a relationship within the confines of an

office especially one that looks down upon having interaction i'm not that kind of person and i talked to everyone so he looked at me and then i offered my options outside off of goldman and i was scheduled for the regularly said there was something in that that just me off so i knew that would happen. so i went to the bathroom i got the recorder and i walked out and went into the conference room in there with my supervisor and then my boss who wanted to fire me. it was very, very short that i

was fired for insubordination and i asked him essentially what do you base this on? he refused to answer it and said we wish you good luck and got up and left. they actually escorted me out. >> noncompliance is the name of the book. what comes out in october and

you can find out the conclusion then. tv we learned we are pretty much alike because some of the women that were here before were talking when they said i gotta go because i think my work home and someone said you do that too? you two? we realize we took our home phone -- or were calm at night and worked and the guys went out at night. that's what happened. we realized we were different.

[inaudible conversations] >> good evening we are so mad you are here.