Fed Official Says Institutions Must Be Allowed to Fail - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times

Fed Official Says Institutions Must Be Allowed to Fail - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times: "The president of the Federal Reserve Bank of Kansas City, Thomas M. Hoenig, said on Monday that for economies to work best, institutions must be allowed to fail.Economies must “find a balance between financial stability and a stable price environment and in