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Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago 2009 International Banking Conference Chicago, IL
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Remarks at the Institute of Regulation & Risk North Asia March 30, 2010, Hong Kong, China
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Systemic banking and financial crises invariably result in the transfer of a large volume of distressed financial assets into the hands of the government, which must later dispose of them. The fiscal and economic costs of the crisis and the speed of recovery depend on how effectively the...
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