BIG BANKS + BIG REGULATIONS = BIG COMPLAINTS

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“These guys were reckless, they came running for our money and, I’m sorry, our money comes with string attached.” – Ellis Henican 

A Federal Reserve proposal by the chief U.S. banking regulator says the largest U.S. banks and financial companies should hold extra cash on their balance sheets to cushion themselves against financial crises and save taxpayers from financing more bailouts. Some critics, despite the history of bank failures and bailouts, are suggesting that these regulations are too tough.

 

Ellis Henican joins the Fox Business Channel’s “Freedom Watch” (12/19/11) to discuss:

E-mail [email protected]
Follow him at twitter.com/henican

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