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Fed's Lacker: Heavy Support of Bank Liabilities Unsustainable
Market News International | Wednesday, February 13, 2013
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The federal government is too heavily involved in backstopping financial institutions, Richmond Federal Reserve Bank President Jeffrey Lacker warned Tuesday night.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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