FOMC doubles the cash reserve requirements for 8 largest u.s banks: “This rule is an important step… it will go a long way toward helping us weather financial storms in the years to come.”

When we first read this article today by the WSJ we thought: hey that's great. Until we read one of the last lines which sounds uncomfortably prophetic "This rule is an…
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With the red hair of one she-urchin in the gutter I will set fire to all modern civilization. – G.K. Chesterton

With the red hair of one she-urchin in the gutter I will set fire to all modern civilization. - Chesterton By Michael Brendan Dougherty | April 3, 2014 My colleague Ryan Cooper and many others…
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