Shake-Up at New York Fed Is Said to Cloud View of JPMorgan's Risk - NYTimes.com

the Federal Reserve Bank of New York in mid-2011 replaced virtually all of its roughly 40 examiners at JPMorgan Chase to bolster the team’s expertise and prevent regulators from forming cozy ties with executives, according to several current and former government officials who spoke on the condition of anonymity.

But those changes left the New York Fed’s front-line examiners without deep knowledge of JPMorgan’s operations for a brief yet critical time

Click on the following to read all of the story:  Shake-Up at New York Fed Is Said to Cloud View of JPMorgan's Risk - NYTimes.com