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Friday, November 30, 2012

Monetary

News                                                                                                                             
Market Watch | FDIC's Hoenig: Big banks should hold more capital
Regulators should replace "complex" global bank capital rules with a more simple system that requires large institutions hold more capital, Federal Deposit Insurance Corp. director Thomas Hoenig said Friday.

Econ Comments & Analysis                                                                                            
Real Clear Markets | Absent a Monetary Rule, Fiscal Cliffs Will Be the Norm
In the February 29, 1908, edition of New York Outlook magazine, Andrew Carnegie penned an article in which he lamented that the, "Americans have many advantages upon which we may plume ourselves as being in advance of other nations, but we have at least one humiliation to lessen self-glorification.

Blogs                                                                                                                             
Economist | Beware dangerous cliff
America's economy seems to have slowed sharply in the current quarter as businesses postpone investment while waiting to see if politicians can avoid sending the country over the "fiscal cliff".