Journal Article

Fed vice chair Kohn encourages banks to work with less debt

Abstract: Federal Reserve Vice Chairman Donald Kohn recommended that commercial and investment banks operate with less debt, saying that the financial system's increased stability will outweigh the costs.

Keywords: Banks and banking; Debt; Financial stability; Kohn, Donald L.;

Bibliographic Information

Provider: Federal Reserve Bank of Atlanta

Part of Series: Financial Update

Publication Date: 2008

Volume: 21

Issue: 2