The Undollar Digest

Fed’s Fisher Says Regulators Should Break Up ‘Behemoth’ Banks

Caroline Salas Gage 11/15/2011 www.bloomberg.com

Federal Reserve Bank of Dallas President Richard Fisher said regulators should break up so- called too-big-to-fail financial institutions to curtail the risk they pose to financial stability.
“I believe that too-big-to-fail banks are too-dangerous- to-permit,” Fisher said in the text of remarks given in New York today.    
“Downsizing the behemoths over time into institutions that [...]


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