NYT: _Too Big to Fail_ View Hurts Small Banks, Fed Official Says
For more: http://s.nyt.com/u/9cz7
OVERLAND PARK, Kan. (Reuters) — Thomas M. Hoenig, president of the Federal Reserve Bank of Kansas City, warned on Monday that landmark financial reforms may not end market perceptions that taxpayers will rescue the largest banks, and he cautioned against speculative investments in housing.