Fed's Fisher: Too-Big-To-Fail Banks Are "Crony" Capitalists

"They represent not only a threat to financial stability but to fair and open competition … (and) are the practitioners of crony capitalism and not the agents of democratic capitalism that makes our country great," said Fisher, who has also been a vocal opponent of the Fed's unconventional monetary stimulus policies.

http://www.reuters.com/article/20...09U2013031