Fed’s Fisher: “Too-big-to-fail” Banks Should Be Broken up

Speaking at the Council on Foreign Relations in New York on Wednesday, Dallas Fed President Richard Fisher said large, systemically important “too-big-to-fail” [TBTF] banks should be broken up in order to make the financial system more stable. In his most explicit call yet for reshaping the financial industry, Fisher said that [Dallas Fed]: ” given the [...]