Archive for September 6th, 2009

Fed President Hoenig: Still Need To Address The Debt Issue

Throughout the recession one of the more outspoken members of the Fed has been Thomas Hoenig, the President of the Kansas City Fed. Refreshingly, he continues to speak his mind and not shy from the harder issues that most in government prefer not to address. In a speech that was given to the Kansas Association […]

G20 Opts To Pursue Tougher Capital Standards

The statement from the G20 Finance Ministers meeting in London would appear to constitute a win for Tim Geithner and Alistair Darling. I use the word appears because it is always wise not to take these sorts of pronouncements at anything more than face value. At any rate, the statement seems to indicate that the […]