Minsky moments and financial regulatory reform

Richard W. Fisher

No 55, Speeches and Essays from Federal Reserve Bank of Dallas

Abstract: Remarks before the 19th Annual Hyman P. Minsky Conference on the State of the U.S. and World Economies, New York City, April 14, 2010. ; \"I think the disagreeable but sound thing to do regarding institutions that are TBTF is to dismantle them over time into institutions that can be prudently managed and regulated across borders. And this should be done before the next financial crisis, because we now know it surely cannot be done in the middle of a crisis.\"

Keywords: Business cycles; Financial crises; Regulation; Monetary policy; Bank failures; Federal Reserve System - Independence (search for similar items in EconPapers)
Date: 2010
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