Federal Reserve Expert Reveals How Bank Regulations Failed in Segment #1 on Full Disclosure Network(R) Internet TV Series

WASHINGTON, Nov. 5, 2014 /PRNewswire-USNewswire/ -- FDN Presents Federal Reserve Expert Vern McKinley author of  "Financing Failure" featured in this 2 min video Preview of Segment 1 of 9 from the Full Disclosure Network(R) Special Series on the Federal Reserve System.  McKinley served as Policy Advisor to Central Banking Officials and foreign governments describes his experience working for the Federal Reserve System and Resolution Trust Corporation.  He blames government for initiating problems where the Federal Reserve did not do their job of overseeing the economy and keeping the monetary policy steady.  He cites the periods from the depression and into the late 70's and 80's that led to the failure of the Savings and Loans. He covers the early 1990's til now where the home ownership was pushed and led to foreclosures.  He says the Bush and Clinton policies pushed Fannie Mae and Freddie Mack to boost homeownership  The Federal Reserve led this by easing monetary policy leading to encouraging people to take on (questionable) mortgages  Watch the full 9 minute segment here http://www.fulldisclosure.net/2014/11/fed-expert-reveals-bank-regulators-failed-662-1/

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Related Videos From the FDN Federal Reserve Series:

1. Federal Reserve Bank Examiners: Never Met Loan They Didn't Like #656-1
   http://www.fulldisclosure.net/2014/07/federal-reserve-bank-examiners-never-met-loan-didnt-like-656-1/
2. Federal Reserve Historian Warns Of Power Politics #655
   http://www.fulldisclosure.net/2014/06/federal-reserve-meltzer-655/

Contact:  Leslie Dutton: Full Disclosure Network    310-822-4449 

SOURCE Full Disclosure Network

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