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Posts Tagged ‘Thomas F. CooleyFormer’

Dodd’s Financial “Reform” Bill Is Nothing but a Placebo for a Very Sick Economy

On March 3rd, Richard Fisher – President of the Federal Reserve Bank of Dallas – told the Council on Foreign Relations:A truly effective restructuring of our regulatory regime will have to neutralize what I consider to be the greatest threat to our fin…

Federal Reserve Bank of Dallas President Richard Fisher Joins the Long List of Those Calling for Giant Banks to Be Broken Up

As Bloomberg notes: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.While the international as…

Top Economists Say We Must Break Up the Insolvent Banks (Government Says Let’s Make Them Bigger)

The following top economists and financial experts believe that the economy cannot recover unless the big, insolvent banks are broken up in an orderly fashion:Nobel prize-winning economist, Joseph StiglitzNobel prize-winning economist, Ed Prescott De…