Eisenbeis Says Fed Has 'Buyer's Remorse' on Bank Lending
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Eisenbeis Says Fed Has 'Buyer's Remorse' on Bank Lending
Robert Eisenbeis, chief monetary economist at Cumberland Advisors Inc. and former head of research at the Federal Reserve Bank of Atlanta, talks with Bloomberg's Kathleen Hays from Atlanta about Federal Reserve Bank of Richmond President Jeffrey Lacker's comments about the central bank's lending to securities firms. Lacker said the loans that the Fed introduced in March may lay the seeds of further financial crises. (Source: Bloomberg)
Bloomberg | June 5, 2008
