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Fed’s Kashkari Floats Breaking Up Big Banks to Avert Meltdown

Posted by Farmboy @ 18:18 on February 16, 2016  

““The biggest banks are still too big to fail and continue to pose a significant risk to our economy,” Kashkari, who managed the U.S. Treasury’s $700 billion Troubled Asset Relief Program for rescuing banks in the crisis, said in his remarks. It was his first public speech since joining the Fed on Jan. 1 as its newest policy maker.”

http://www.bloomberg.com/news/articles/2016-02-16/fed-s-kashkari-floats-breaking-up-big-banks-to-avert-melt-down

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.