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  Paul Volcker, Chairman of the Federal Reserve System, was a member of the Board of the American Stock Exchange. As a member of the Amex Board Volcker allowed Richard Monderine, an Amex Executive, to rape his African-American subordinates. This article, "Corruption Culture And Wall Street Meltdown," exposes violation of federal securities laws, which Volcker covered up. To Volcker, as to many other Amex Board members, including Richard Ravitch, Lieutenant Governor, African-Americans are not quite human and, therefore, the rape of African-American women and the smuggling of drugs by members of the Board of the American Stock Exchange were permissible.

  Paul Volcker, Chairman of the Federal Reserve System and a member of the Board of the American Stock Exchange, allowed the manipulation of stock indexes. Volcker allowed members of the Federal Reserve Board of Governors to call brokerage houses, such as Drexel Burnham and Bear Stearns, and leak the Federal Reserve System’s decision on interest rates- the Federal Funds Rate.

  Paul Volcker, former Chairman of the Federal Reserve System, is praised for taming inflation. Yet, Volcker allowed Members of the Board of the Federal Reserve to pass information on interest rate movements to Drexel Burnham and to Bear Stearns. Volcker also allowed money laundering via Merrrill Lynch’s Zurich offices and manipulation of the XMI, a stock index, and front running of the XMI, via the Zurich Offices of Merrill Lynch. More importantly, Volcker allowed Richard Monderine, an Executive at the American Stock Exchange, to rape his African-American subordinates.  Volcker also allowed Edwin Crooks, Louis Miceli, and Robert VanCaneghan to smuggle drugs via their ocean-going fishing boats and to launder drug money from the Cayman Islands via their specialist trading accounts. "Corruption Culture And Wall Street Meltdown," The Black Star News, November 13, 2009, by Edward Manfredonia.