New York Times (December 1)
2010/ 12/ 02 by jd in Global News
Thomas M. Hoenig, President of the Federal Reserve Bank of Kansas City, writes that U.S. banks are still too big to fail. They need to be cut down to size. “More financial firms — with none too big to fail — would mean less concentrated financial power, less concentrated risk and better access and service for American businesses and the public.”
Tags: Banks, Regulation, Too big to fail, U.S.
