Insider Joins Critics of the Fed,  Faulting Credit-Crisis Programs Richmond’s Lacker  Amplifies Volcker;  Moral Hazard Fears By GREG IP June 6, 2008; Page A3 In a striking insider’s critique, a Federal Reserve policy maker said lending programs the central bank has created to combat the credit crisis distort private markets, encourage risky behavior and could endanger […]

Tags: bailout, Dow Jones, Fed, Lacker, Moral Hazard, WSJ
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