Posted February 19th, 2016 at 12:12 pm (UTC-4)
The new president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, made financial headlines Tuesday when he argued for new measures to end the too-big-to-fail problem – including breaking up the largest banks….While I share many of Kashkari’s concerns, his zeal for breaking up the largest banks is premature.
Finding Too Big to Fail
The new president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, made financial headlines Tuesday when he argued for new measures to end the too-big-to-fail problem – including breaking up the largest banks….While I share many of Kashkari’s concerns, his zeal for breaking up the largest banks is premature.