“Thomas Hoenig is Fed Up”

“This is Tom Hoenig’s moment, and it’s a strange one. In Washington, he is the burr in Fed Chairman Bernanke’s saddle: the rogue heartland banker who keeps dissenting aloneโ€”for the sixth straight time on Sept. 21โ€”to protest the Fed’s rock-bottom interest-rate policy. Hoenig warns that the Bernanke majority is setting the country up for an…

“This is Tom Hoenig’s moment, and it’s a strange one. In Washington, he is the burr in Fed Chairman Bernanke’s saddle: the rogue heartland banker who keeps dissenting aloneโ€”for the sixth straight time on Sept. 21โ€”to protest the Fed’s rock-bottom interest-rate policy. Hoenig warns that the Bernanke majority is setting the country up for an as-yet-unknown asset bubble: the next dot-com or subprime craze.” Read more.ย 

“Thomas Hoenig is Fed Up”ย 
Paul M. Barrett and Scott Lanmanย 
Bloomberg Businessweek, September 23, 2010.ย 

Image by Francesco Marino / FreeDigitalPhotos.net.



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