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Woody
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Warren, Yellen, and Too Big to Fail - Tim Iacono - Iacono Research

Yellen looked like a deer in the headlights with no straight answers available.

Commented 3573 days ago

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Beginning of the headline :It appears they left the best for last yesterday as Sen. Elizabeth Warren (D-MA) closed out day one of Fed Chair Janet Yellen’s semi-annual monetary policy report to Congress with this wholly unsatisfying exchange about too-big-to-fail banks (hat tip Not Quant). Skip to the 1:34:45 mark of the entire CSPAN video here to find another interesting exchange, this one with Sen. Tom Coburn (R-OK) where Yellen is asked whether it might not be a better idea to just not create so many asset bubbles to b... Read More

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