Former NEC director Gary Cohn on global banking system and U.S. economy
Washington Post Live
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The Economic Impact of Bank Tightening on the US Economy
David Frum: Even before the recent banking turmoil, lenders were starting to tighten up on their credit standards. He says banks are doing the Federal Reserve's job for them and slowing down economic growth. "I think we're going to see that filter through the economy relatively quickly," he says.
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