Economist Simon Johnson calls the collapse of the euro zone inevitable and suggests that the Federal Reserve suspend the distribution of capital to the too-big-to-fail banks as an insurance policy against the fallout.
03 Jul 2012Thomson Reuters
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Simon Johnson, an economics professor and former International Monetary Fund counselor, says JPMorgan CEO Jamie Dimon should leave the New York Federal Reserve board if he wants the Fed to again become a bastion of stability.
29 Jun 2012Thomson Reuters
Calls to reduce Medicare are misguided. If the government cuts it, all Americans ultimately will pay more for healthcare.