hoenig

Joe Rauch Reuters April 13, 2011 Big banks like*Bank of America Corp*and*Citigroup Incshould be reclassified as government-sponsored entities and have their activities restricted, a senior Fed official said on Tuesday. The 2008*bank bailouts*at the height of the financial crisis and other...

Alan Rappeport Financial Times Wednesday, February 17th, 2010 The US must fix its growing debt problems or risk a new financial crisis, Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, warned on Tuesday, adding a mounting deficit could spur inflation. Mr Hoenig said that...