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Dallas Fed

Break Up the Big Banks, Says the Dallas Fed

Robert Reich | Posted 05.29.2012 | Business
Robert Reich

The Dallas Fed argues that the Fed's easy money policy can't be much help to the U.S. economy as long as Wall Street is "still clogged with toxic assets accumulated in the boom years." So what's the answer? It's "breaking up the nation's biggest banks into smaller units."

From "Too Big to Fail" Banks to "Too Big to Default" Nations to What's Next?

Lydia Fisher | Posted 10.19.2011 | Business
Lydia Fisher

We've had financial bubbles before. This one's got a twist though. It's fraught with complexity, scope, depth, widespread fraud and bad underwriting practices making coming out of it, all the more difficult.

Shahien Nasiripour

Federal Reserve Risks Being Seen As Constantly Bailing Out Traders, Fed Official Says

HuffingtonPost.com | Shahien Nasiripour | Posted 10.17.2011 | Business

NEW YORK -- Investors will likely view the Federal Reserve's recent decision to keep short-term lending rates near zero for the next two years as part...

Shahien Nasiripour

Regional Fed Chiefs Lining Up To Support Tough Derivatives Provision, Obama Admin. Still Opposed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Another top Federal Reserve official offered his support this week to a Senate provision that would force megabanks to spin off their lucrative and ri...

Shahien Nasiripour

Richard Fisher, Top Fed Official: Too Big To Fail Lives On, Only Way Out Is To Shrink Megabanks

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

A top Federal Reserve official blasted the Senate's financial reform bill Thursday night, arguing that it does little to end the perception that megab...

Richard Fisher, Dallas Fed President, Urges New Pact To Break Up Big Banks

bloomberg.com | Scott Lanman and Michael McKee | Posted 05.25.2011 | Business

March 3 (Bloomberg) -- Federal Reserve Bank of Dallas President Richard Fisher called for an international pact to break up banks whose collapse would...