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Banking
Essay specific features
Written by:
Leonard D
Date added:
July 13, 2013
Level:
University
Grade:
A
No of pages / words:
4 / 1084
Was viewed:
4139 times
Rating of current essay:
Essay content:
This plan would save the government $150 to $200 million a year. This would also allow the FDIC to concentrate on deposit insurance and the Fed to concentrate on monetary policy (Anonymous 88). Of course this is Washington, not The Land of Oz, so everyone can't be satisfied with this plan. Fed Chairman Alan Greenspan and FDIC Chairman Ricky R...
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Fed Chairman Alan Greenspan and FDIC Chairman Ricky R. Tigert have been vocal opponents of the plan. Greenspan has four major complaints about the plan. First, divorced from the banks, the Fed would find it harder to forestall and deal with financial crises. Second, monetary policy would suffer because the Fed would have less access to review the banks...
displayed 300 characters
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