Fed’s Kashkari: Wall Street is ‘forgetting the lessons of the 2008 financial crisis’

Fed’s Kashkari: Wall Street is ‘forgetting the lessons of the 2008 financial crisis’

A top Federal Reserve official said Monday that Wall Street and bank regulators run the risk of allowing another financial crisis to occur because many have forgotten the pain from the 2008 meltdown.

“The shareholders got bailed out,” Neel Kashkari, president of the Minneapolis Fed said. “The boa…

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