Guess who says we need to think about breaking up the banks?
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  Guess who says we need to think about breaking up the banks?
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Author Topic: Guess who says we need to think about breaking up the banks?  (Read 294 times)
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jfern
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« on: February 21, 2016, 12:42:10 AM »

It's not just Bernie saying it.

Neel Kashkari, who oversaw the TARP program, was the 2014 Republican nominee for California governor, and is now the President of the Minneapolis Federal Reserve.

http://www.nytimes.com/2016/02/17/business/dealbook/federal-reserves-kashkari-says-banks-still-too-big-to-fail.html
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Mike Thick
tedbessell
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« Reply #1 on: February 21, 2016, 12:50:17 AM »

Oddly enough, a friend of mine sold Kashkari a Porsche. He says he's very intelligent and understands the issues very well. As much as I like Governor Moonbeam, Neel probably would have been better.

That being said, I don't think this is the right approach to take.
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jfern
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« Reply #2 on: February 26, 2016, 08:29:24 PM »

Looks like this former Goldman Sachs Vice President might have gone even further than Bernie.

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https://www.minneapolisfed.org/news-and-events/presidents-speeches/lessons-from-the-crisis-ending-too-big-to-fail
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