Fed’s Kashkari Releases Plan To End “Too Big To Fail”, Compares Banks To Terrorists

Wednesday, November 16, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Nov 16, 2016

In the latest reminder that 7 years after the financial crisis, the US banking system still remains a systemic risk, Minneapolis Fed President Neel Kashkari today released four-step plan to end too-big-to-fail problem. The reason for the proposal: America’s “biggest banks continue to pose a significant, ongoing risk to our economy” and “One analogy that helps highlight the trade-off of costs and benefits is the risk of terrorism.”

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter