Wednesday, March 2, 2011

Bernanke Advocates for 'Rainy Day' Funds - TheStreet.com

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Bernanke Advocates for 'Rainy Day' Funds

TheStreet.com


His comments dovetail with those of other regulators and accountants who have advocated "counter-cyclical" reserve building at large financial firms. Current policies support pro-cyclical reserve building, which requires big banks like Bank of ...



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