Thursday, December 2, 2010

Why Huge Banks Are a Threat to the U.S.

Thomas Hoenig, New York Times
Kansas City, Mo. THE world has experienced a severe financial crisis and economic recession. The Treasury and the Federal Reserve took actions that saved businesses and jobs and may very well have saved the economy itself from ruin. Still, the public seems ungrateful, expressing anger at these institutions that saved the day. Why? Americans are angry in part because they sense that the government was as much a cause of the crisis as its cure. They realize that more must be done to address a threat that remains increasingly a part of our economy: financial institutions that...

Source: http://www.realclearpolitics.com/2010/12/02/why_huge_banks_are_a_threat_to_the_us_246666.html

Lamar Alexander Lindsey Graham Lisa Murkowski Maria Cantwell Mark Begich

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