Banks blindsided by former Bush official
'The biggest banks are still too big to fail and continue to pose a significant, ongoing risk to our economy.'
Wall Street woke up with a new problem Tuesday: a Republican Goldman Sachs alum using his new bully pulpit atop the Federal Reserve to suggest the biggest banks should break up.
Serving up policy fuel in a populist election cycle where bank bashing is front and center, Federal Reserve Bank of Minneapolis President Neel Kashkari — who helped run President George W. Bush’s 2008 bank bailout plan — sounded a lot like Bernie Sanders and Elizabeth Warren when he outlined dramatic solutions to end “too big to fail.”
http://www.politico.com/story/2016/02/break-up-big-banks-neel-kashkari-s...