Fed's Kashkari suggests radical Wall St. overhaul
Posted by freedomforall 9 years, 2 months ago to Economics
"In his first speech as head of the Minneapolis Fed, Neel Kashkari, a Goldman Sachs executive before he worked at the U.S. Treasury, urged Congress to consider "bold, transformational" rules including the breaking up of the nation's largest banks to avoid bailouts.
He does not have a vote on the Fed's rate-setting committee until 2017 under its rotation system, but participates in deliberations"
He does not have a vote on the Fed's rate-setting committee until 2017 under its rotation system, but participates in deliberations"
All Comments
- 1Posted by freedomforall 9 years, 2 months agoNote, the federal reserve employee is quoted wanting to overhaul "Wall St", not the federal reserve. Misdirection to blame "Wall St" for the faults of the banking cartel?| Permalink
