Sunday, March 25, 2012

Even Central Bankers Have Had Enough - WSJ.com

via online.wsj.com

We have finally reached the point in our financial history where even bankers hate bankers.

Last week, the Federal Reserve Bank of Dallas issued its 2011 annual report with a 34-page essay, "Why We Must End Too Big To Fail—Now." The report stops short of calling our nation's largest banks terrorists, but it does dub them "a clear and present danger to the U.S. economy."

Posted via email from Jack's posterous

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