Thursday, April 8, 2010

Fed’s Hoenig: Time to ‘Put the Market on Notice’ on Risk!

CNBC: "The time is right to put the market on notice that it must again manage its risk, be accountable for its actions, and cease its reliance on assurances that the Federal Reserve, not they, will manage the risks they must deal with in a market economy," [ Kansas City Federal Reserve Bank President Thomas] Hoenig said.




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