The Times’s Louise Story talks to Thomas Hoenig, the vice chairman of the Federal Deposit Insurance Corporation, who says he is not alone in calling for a breakup of banks too large to regulate. The five that need to be shrunk JPM, Wells Fargo, Goldman Sachs, Citigroup, Morgan Stanley (Bank of America was not mentioned int his interview buy was discussed previously):

 


March 15, 2013

Category: Bailouts, Crony Capitalists, Regulation, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

Comments are closed.