Tuesday, February 16, 2016

Kashkari Gets Wary About The Big Banks

This is a big surprise! All the outsider candidates are running against TARP and the Big Bailouts. Kashkari RAN TARP, and he's turned on his baby!:
Mr. Kashkari, who joined the Minneapolis Fed in January after a postcrisis stint at the investment management firm Pimco and an unsuccessful run for governor of California, responded that he was calling things as he saw them. He said his views on financial regulation were shaped by the crisis, convincing him that strong, simple safeguards are the most sensible.

“If I’m not willing to stand up and share my concerns, then I wouldn’t be doing my job,” he said.

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