Steal the Fed's Playbook? It's Possible Says 'Directive' Author

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Steal the Fed's Playbook? It's Possible Says 'Directive' Author

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Steal the Fed's Playbook? It's Possible Says 'Directive' Author

by TheStreet.com Videos 2:59 mins

Steal the Fed's Playbook? It's Possible Says 'Directive' Author

by TheStreet.com Videos 2:59 mins

It's not as hard to steal the Federal Reserve's trading secrets as one may think, says Matthew Quirk, author of "The Directive". Quirk spent a year casing the NY Fed building doing research for his new fictional thriller and discovered that while the gold is well guarded, the building’s other secrets are far less protected. He says well-financed investors have the technology to profit from front-running Fed releases and this is proven by trading patterns. The book revolves around a powerful financial insider who robs the Fed by penetrating the little-publicized trading desks at the Federal Reserve building in New York.

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