Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

Fed's Fisher Calls for Accord to Break Up Big Firms

Print comment Post Comments
TOO FAILED TO BE BIG
"Federal Reserve Bank of Dallas President Richard Fisher called for an international pact to break up banks whose collapse would threaten the financial system, a position that goes beyond other Fed officials," according to Bloomberg. "“The disagreeable but sound thing to do” for firms regarded as “too big to fail” would be to “dismantle them over time into institutions that can be prudently managed and regulated across borders,” Fisher said in a speech at the Council on Foreign Relations in New York."
SOURCE:   Bloomberg

TICKERS