kansascity.com (Free subscription) | 11/16/2009
"We still have significant weaknesses to work through in the economy in the U.S. and coupled with a rapidly rising level ... (of) debt and enormous moral hazard issues, we have a great deal of work ahead of us," said Kansas City Fed President Thomas Hoenig.
Reuters (Free subscription) | 11/16/2009
... moral hazard issues, we have a great deal of work ahead of us," said Kansas City Fed President Thomas Hoenig.Data showed last week that U.S. consumer sentiment had soured in early November on grim job prospects while a larger-than-expected trade deficit had analysts scaling back estimates for third-quarter U.S. growth.Turning to regulatory issues, Hoenig said that all financial...
The Baseline Scenario (Free subscription) | 11/03/2009
... who are far from being populists, such as the UK authorities ( in the news today ) and the US’s Thomas Hoenig. Hoenig is an experienced regulator, who has dealt with many bank failures. He is also currently President of the Kansas City Fed and an articulate voice regarding how banks became so big, why that leads to macroeconomic problems, and how consumers get trampled (answer:...
George Washington's Blog (Free subscription) | 12/01/2009
... to make even riskier gambles in the future. Kansas City Fed President and veteran Fed official Thomas Hoenig said : Too big has failed.... The sequence of [the government's] actions, unfortunately, has added to market uncertainty. Investors are understandably watching to see which institutions will receive public money and survive as wards of the state... Any financial crisis leaves...
naked capitalism (Free subscription) | 12/02/2009
... to make even riskier gambles in the future. Kansas City Fed President and veteran Fed official Thomas Hoenig said : Too big has failed…. The sequence of [the government's] actions, unfortunately, has added to market uncertainty. Investors are understandably watching to see which institutions will receive public money and survive as wards of the state… Any financial crisis leaves a...
Mostly Economics (Free subscription) | 11/20/2009
Thomas Hoenig of Kansas Fed has an interesting speech on payments system in US. He points that much of the growth in payments system is happening in private sector with no regulatory oversight. The payment system is also being run by a few large players and there is little competition. So far it is all [...]
MaldivianDigital® :: Forum (Free subscription) | 11/18/2009
... It truly brings the vessel and the office closer together, informed MPC Ships IT Manager Thomas Hoenig. FleetBroadband also enables the vessel to establish one static IP address, meaning the vessel is reachable anywhere in the world where there is an Internet connection. Stratos has activated more than 2,000 FleetBroadband systems across all major geographic regions and vessel...
ireland.com (Free subscription) | 11/16/2009
... last week's 15-month low, while the euro rose 0.3 per cent to $1.4977. Kansas City Fed president Thomas Hoenig said the US economy still faced significant weakness, while warning that large financial institutions must be allowed to fail. Some lingering speculation that China allow the yuan to strengthen also weighed on the dollar. The United States and China sparred over exchange...
The Plank (Free subscription) | 11/03/2009
... far from being populists, such as the UK authorities ( in the news today ) and the U.S.’s Thomas Hoenig. Hoenig is an experienced regulator, who has dealt with many bank failures. He is also currently President of the Kansas City Fed and an articulate voice regarding how banks became so big, why that leads to macroeconomic problems, and how consumers get trampled (answer:...
George Washington's Blog (Free subscription) | 10/28/2009
... to make even riskier gambles in the future. Kansas City Fed President and veteran Fed official Thomas Hoenig said : Too big has failed.... The sequence of [the government's] actions, unfortunately, has added to market uncertainty. Investors are understandably watching to see which institutions will receive public money and survive as wards of the state... Any financial crisis leaves...
