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Thread: Working for the Federal Reserve Board

  1. #1
    regexcellent
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    Working for the Federal Reserve Board

    Some comments:

    1. The security here is ridiculously tight. I'm afraid if I go on Poly during work hours I'll be arrested by one of the numerous Federal Reserve Police officers wielding UMP submachine guns. I had to get fingerprinted and get a background check done. I had to present two different forms of picture ID, one of which had to be state, the other federal (I used my driver's license and my passport). Some jobs require security clearances (Seriously? It's a BANK, not the CIA!).

    2. This security applies to computers as well, though the security policy for computers isn't so much about criminal activity as they don't want someone tarnishing the Fed's image by putting a moustache on Ben Bernanke's picture on the website.

    3. Because of several bomb threats by what I suppose are Ron Paul supporters, the Fed buildings have had numerous evacuations. I get the feeling that, in terms of Bayesian probability, the knowledge of there being a bomb threat does not change the prior probability of there actually being a bomb; after all, if you want to bomb folks, why warn them?

    4. Due to these numerous evacuations, all Fed employees are issued blue fanny packs to be kept at our desks which contain a space blanket, a poncho, an emergency whistle, and some first-aid kit which I presume consists of nothing more than some rubbing alcohol and a band-aid judging by its size. It is our "emergency evacuation kit" for use in "disaster scenarios," although I have been told that the real "disaster scenario" is someone issued a phony bomb threat and you might be standing out in the rain and/or cold for forever with no ride because your money and car are still inside the building.

    5. Jesus Christ, nothing is more annoying than hearing the economist interns yap about their PhD theses during lunch. "Oh I'm studying a new model of Keynesian interpretation of monetary policy." I'M PAYING YOU *******S MY TAX MONEY, IT'S JUST A THUMB IN THE EYE TO BRAG ABOUT HOW YOU THINK YOU KNOW HOW TO SPEND IT BETTER THAN I DO. Also, there is a totally not shocking lack of support for the idea that there should be less banking regulation among the people in the BS&R (Banking Supervision and Regulation) department.
    Last edited by regexcellent; June 6, 2012 at 18:26.
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    Hauldren Collider
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    Why does the fed need/get its own special police force?
    Last edited by Hauldren Collider; June 6, 2012 at 18:28.
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    I don't know. It seems every department has a police force. I walked past the State Department building a couple days ago and they had dudes with M4s in front. They're more paramilitary than police as far as I can tell; they do more guarding than real law enforcement.
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    You're not in Rochester, New York, are you?

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    regexcellent
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    I'll be back there in the fall.
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    Quote Originally Posted by regexcellent View Post
    Some comments:

    1. The security here is ridiculously tight. I'm afraid if I go on Poly during work hours I'll be arrested by one of the numerous Federal Reserve Police officers wielding UMP submachine guns. I had to get fingerprinted and get a background check done. I had to present two different forms of picture ID, one of which had to be state, the other federal (I used my driver's license and my passport). Some jobs require security clearances (Seriously? It's a BANK, not the CIA!).

    2. This security applies to computers as well, though the security policy for computers isn't so much about criminal activity as they don't want someone tarnishing the Fed's image by putting a moustache on Ben Bernanke's picture on the website.

    3. Because of several bomb threats by what I suppose are Ron Paul supporters, the Fed buildings have had numerous evacuations. I get the feeling that, in terms of Bayesian probability, the knowledge of there being a bomb threat does not change the prior probability of there actually being a bomb; after all, if you want to bomb folks, why warn them?

    4. Due to these numerous evacuations, all Fed employees are issued blue fanny packs to be kept at our desks which contain a space blanket, a poncho, an emergency whistle, and some first-aid kit which I presume consists of nothing more than some rubbing alcohol and a band-aid judging by its size. It is our "emergency evacuation kit" for use in "disaster scenarios," although I have been told that the real "disaster scenario" is someone issued a phony bomb threat and you might be standing out in the rain and/or cold for forever with no ride because your money and car are still inside the building.

    5. Jesus Christ, nothing is more annoying than hearing the economist interns yap about their PhD theses during lunch. "Oh I'm studying a new model of Keynesian interpretation of monetary policy." I'M PAYING YOU *******S MY TAX MONEY, IT'S JUST A THUMB IN THE EYE TO BRAG ABOUT HOW YOU THINK YOU KNOW HOW TO SPEND IT BETTER THAN I DO. Also, there is a totally not shocking lack of support for the idea that there should be less banking regulation among the people in the BS&R (Banking Supervision and Regulation) department.
    It's like a young Wiglaf.
    “As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
    "Capitalism ho!"

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    Quote Originally Posted by regexcellent View Post
    Some comments:
    2. This security applies to computers as well, though the security policy for computers isn't so much about criminal activity as they don't want someone tarnishing the Fed's image by putting a moustache on Ben Bernanke's picture on the website.
    Doesn't Ben Bernanke already have a beard?
    If there is no sound in space, how come you can hear the lasers?
    :(){ :|:& };:

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    Quote Originally Posted by regexcellent View Post
    Some comments:
    2. This security applies to computers as well, though the security policy for computers isn't so much about criminal activity as they don't want someone tarnishing the Fed's image by putting a moustache on Ben Bernanke's picture on the website.
    Doesn't Ben Bernanke already have a beard?
    If there is no sound in space, how come you can hear the lasers?
    :(){ :|:& };:

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    When I worked at the air force most of the security retardation was about wireless security, as in we couldn't have a standalone wireless network because the people who certified standalone wireless networks (the network security people) were not the same people who tested the building's emissions security (as in, if the EMSEC people detected wifi or bluetooth or whatever within range of the building them somebody was going to get in trouble). There was absolutely no reasoning with the EMSEC people. We would have had to put all of the wireless research in a TEMPEST room (big Faraday cage), which would have put us way over budget, so in the end we wound up doing all of our testing at a local Panera bread since they had free wifi.
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    ...and that, friends, is government security in a nutshell. So secure it's unsecure.
    "We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.

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    1. The security here is ridiculously tight. I'm afraid if I go on Poly during work hours I'll be arrested by one of the numerous Federal Reserve Police officers wielding UMP submachine guns. I had to get fingerprinted and get a background check done. I had to present two different forms of picture ID, one of which had to be state, the other federal (I used my driver's license and my passport). Some jobs require security clearances (Seriously? It's a BANK, not the CIA!).
    You only have "End the Fed" whackos to blame for this one.
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    Quote Originally Posted by Hauldren Collider View Post
    Why does the fed need/get its own special police force?
    Dude, you've been to DC. Everybody gets their own police. Hell, the Bureau of Engraving and Printing has a different police force than the US Mint for some dumb reason.
    Do not take anything I say seriously. It's just the Internet. It's not real life.

  13. #13
    regexcellent
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    Quote Originally Posted by MRT144 View Post
    You only have "End the Fed" whackos to blame for this one.
    The submachine guns came in on Nov. 11, 2011, after there was some threat against the Fed specifically for the 9/11 10-year anniversary. The bomb threats were apparently from End the Fed libertarian people or something.
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    Quote Originally Posted by Felch View Post
    Dude, you've been to DC. Everybody gets their own police. Hell, the Bureau of Engraving and Printing has a different police force than the US Mint for some dumb reason.
    Fair enough.

    The Capitol Police are the biggest *******s. I saw them ticket someone for jaywalking
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    There were also heightened concerns of right-wing extremist attacking government facilities.
    “As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
    "Capitalism ho!"

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    So how soon is the fed going to start NGDPLT?
    Quendelie axan!

  17. #17
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    I'm an IT intern. I'm not in any of the economics departments. And if I were, I wouldn't be at liberty to say anyway.
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    Quote Originally Posted by MRT144 View Post
    You only have "End the Fed" whackos to blame for this one.
    I love Ron Paul for his stances on guns and dope, but the Federal Reserve business never made sense to me. If we lose the Fed and go to the gold standard, it would be gold mining firms like Barrick Gold that cause inflation. Would anybody prefer a foreign corporation to have control over our money supply?
    Do not take anything I say seriously. It's just the Internet. It's not real life.

  19. #19
    regexcellent
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    Just don't end the Fed while I'm working there, please.
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  20. #20
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    Have the public tours resumed yet?
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  21. #21
    regexcellent
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    God, no! Visitors have to be escorted by personnel and be individually invited. The FRB police out front have papers with names of all of the authorized visitors. Visitors come up and present photo ID. Then the person signing for you has to come and get you and let you in.

    I can't really say anything else about the security without getting into confidential stuff.
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  22. #22
    Al B. Sure!
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    Quote Originally Posted by regexcellent View Post
    I had to get fingerprinted and get a background check done. I had to present two different forms of picture ID, one of which had to be state, the other federal (I used my driver's license and my passport).
    This is typical for banking, if not most jobs.
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  23. #23
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    In the past my driver's license and birth certificate were enough.
    I come from the land of the ice and snow
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  24. #24
    Al B. Sure!
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    Quote Originally Posted by regexcellent View Post
    In the past my driver's license and birth certificate were enough.
    Welcome to the adult world.

    And birth certificate? You mean Social Security card?
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    i can honestly say i've never been fingerprinted or had to show ID for any job i've ever had.
    "The Christian way has not been tried and found wanting, it has been found to be hard and left untried" - GK Chesterton.

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  26. #26
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    Quote Originally Posted by C0ckney View Post
    i can honestly say i've never been fingerprinted or had to show ID for any job i've ever had.
    You haven't worked in America.

    No ID? What kind of bizarro-world is Britain/Brazil?
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  27. #27
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    people have always taken me at my word. i must have an honest face...
    "The Christian way has not been tried and found wanting, it has been found to be hard and left untried" - GK Chesterton.

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    Quote Originally Posted by Al B. Sure! View Post
    Welcome to the adult world.

    And birth certificate? You mean Social Security card?
    A birth certificate is fine for an I-9, for trying to prove employment eligibility.
    Do not take anything I say seriously. It's just the Internet. It's not real life.

  29. #29
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    Quote Originally Posted by Felch View Post
    A birth certificate is fine for an I-9, for trying to prove employment eligibility.
    Oh I know but it's much easier to just use a social security card. That's what I thought was odd.
    "Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
    "I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben Kenobi

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