- Job Market Politics to Keep Interest Rates Low
- AIG, Symbol of Crisis, Watches Its Stock Zoom Back
- Disney Profit, Sales Top Street Forecasts; Shares Jump
- Bill Gates Praises Apple's Jobs for 'Saving the Company'
- Cities With the Most Home Price Reductions
- Cramer: The Real Reason Stocks Fell Thursday
- Is Euphoric Market Ignoring Warning Signs?
- Video Game Sales Plunge, but Have They Hit Bottom?
- Despite Rhetoric, Obama Has Few Options to Boost Jobs
- Microsoft's Bill Gates Praises Apple's Steve Jobs For 'Saving the Company'
- Gold Is a Bad Inflation Hedge—Like Oil: Stock Picker
- Intel's Andy Bryant Offers An Explanation
- US 'Actively Working' on Weaker Dollar: Fund Manager
- Options Boil on Biotech Buyout Rumors
- Warren Buffett's $100,000 Offer and $500,000 Advice for Columbia Business School Students
- Activision Blizzard's "Modern Warfare 2" Sales Break Records
- 5-Star Manager's 5 Stocks for Changing Markets
- What's The Forecast from Retailers? Proceed With Caution
- Family hurt in Texas pipeline explosion files suit
- Vegas nightclub owners file for bankruptcy in Fla.
- Genworth Financial expects $85M tax benefit
- Tough choices for women on abortion coverage
- Alliance HealthCare to offer $200 million in notes
- Arizona grocery store workers poised to strike
- Matthews Int'l fiscal 4Q earnings fall on charges
- Canadian Pacific announces $379M debt offering
- Defense Secretary Gates thanks Wis. truck makers
U.S. should not coddle big banks: Fed's Fisher
Text Size 
AUSTIN (Reuters) - The United States should not coddle large financial institutions considered "too big to fail", Federal Reserve Bank of Dallas President Richard Fisher said on Tuesday.
Fisher made the comments in a question and answer session following a speech to the Austin Headliners Club.
Asked about the U.S. government budget deficit, Fisher said the Fed would not monetize the fiscal shortfall.
(Reporting by Pedro Nicolaci da Costa, Editing by Andrew Hay)
Copyright 2009 Reuters. Click for restrictions.
Print
Email
- Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
- They may have wrecked their companies or saved our economy. Tell us what you think.
- Big pharma embraces social media, but how much should a tightly regulated sector say on Facebook or Twitter?
- A European dating site finds lovelorn singles from one country to be consistently uglier. Which is it?
- Contributor David Pogue looks at two of the latest efforts to perfect the digital pocket camera.
- PepsiCo is ramping up its onsite health facilities for workers.
Data is a real-time snapshot *Data is delayed at least 15 minutes