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Hoenig calls for fundamental redesign of broken financial system
The US should bust up its megabanks and impose strict laws curbing the size and complexity of financial institutions, a top Federal Reserve official told The Huffington Post. In a 45-minute interview, Federal Reserve Bank of Kansas City President Thomas Hoenig called for a fundamental redesign of a broken US financial system. Hoenig, an unparalleled deficit- and inflation hawk, is the longest-serving Fed policy maker and a voting member of the Federal Open Market Committee (FOMC). Click here for the article. Source: The Huffington Post, April 2, 2010. More on this topic (What's this?) Anticipating The Rate Hike (Disciplined Approach to Investing, 8/14/15) Rising Interst Rates Historically A Positive For Equity Returns (Disciplined Approach to Investing, 9/3/15) You can't really see it on this chart so you'll have to trust me (www.thedailytradingrisk.blogspot..., 9/1/15) |
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By Prieur du Plessis, on April 5th, 2010 posted in: 
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