WASHINGTON, Aug. 14, 2014 /PRNewswire-USNewswire/ -- American Economist Allan Meltzer, Ph.D who is a Senior Fellow at Hoover Institute, and author of a three-volume history of the Federal Reserve, is featured in this two minute preview video, describes his solution to avoid Big Bank Bail-outs in the future. Meltzer tells the Full Disclosure Network(R) how he is working with U.S. Senators Sherrod Brown (D-OH), and David Vitter (R-LA) to help write a bill that would downsize banks to protect the public and smaller community banks by helping to level the playing field.
Dr. Meltzer also explains that the US should learn from Switzerland who has two giant banks much larger than the Swiss economy, and could not be bailed out, and points out that these banks are required to have 19% equity capital, forcing them to think differently about their practices. Meltzer recalls the Bernie Madoff debacle, and some lawyers bragging to him about circumvention regulations while staying inside the law. Watch the full segment here. http://www.fulldisclosure.net/2014/08/fed-scholar-safety-net-big-banks-656-3/
Full Disclosure Network(R) continues its historic Internet TV series examining the Federal Reserve System and its proper role in an interview with Allan Meltzer, Ph.D., Professor, Carnegie Mellon Tepper Graduate School of Business
The News Behind the News:
The Emmy Award-winning Full Disclosure Network (R) is "the news behind the news," focusing on the crucial issues confronting the U.S. today. Experts in diverse fields present their observations of local, state, federal and international actions and laws that directly affect the public. The wide range of subjects include Judicial Malfeasance, the Rule of Law, Educational and Political Interviews, Police and Sheriff's Departments, Immigration Reform, and many more informative, one-on-one interviews. Since 1992, the Full Disclosure Network (R) programming has been featured on public cable channels and on the Internet at www.Fulldisclosure.net
What Is The Full Disclosure Network(R)? for more information about the Emmy Award-winning Producer/Host Leslie Dutton and Producer TJ Johnston.
Federal Reserve Bank Examiners: Never Met Loan They Didn't Like
Federal Reserve Series: Rules Without Accountability
Contact: Leslie Dutton-822-4449 www.fulldisclosure.net
SOURCE Full Disclosure Network