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Fed President and Assistant Treasury Secretary Says What Everyone Knows: We Need to Break Up the Big Banks

 

The President of the Federal Reserve Bank of Minneapolis – who oversaw the Troubled Asset Relief Program (TARP) as Assistant Secretary of the Treasury for Financial Stability (Neel Kashkari) – says that the nation’s biggest banks remain too big to fail and pose significant risk to the economy

Kashkari joins the following top economists and financial experts who believe that the failure to rein in the “too big to fail” banks is unacceptable:

Donald Trump To Start Suing His GOP Opponents

Republican front-runner Donald Trump is thinking of suing his GOP opponents and making a quick buck from the 2016 U.S. presidential race. The billionaire businessman and American success story has got the Grand Old Party by the balls. The Donald is “seriously thinking” about starting the litigation ball rolling by first accusing his GOP rival Senator Ted Cruz of being a foreigner and a liar.

Turkey Will "Definitely" Join Ground Operation In Syria, Accuses Russia Of "War Crimes"

Turkey Will "Definitely" Join Ground Operation In Syria, Accuses Russia Of "War Crimes"

Turkey shelled Syria for a fourth consecutive day on Tuesday as Ankara steps up efforts to bolster rebels in the face of an advance by the Kurdish YPG. “As many as 150 terrorists were killed during the 4-day-long shelling targeting PYD points,” the pro-government Yeni Safak wrote today, adding that “the PYD, backed by both the US and Russia, is working with President Bashar al-Assad to control areas along the Turkish border.”

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