Thomas M. Hoenig, President, Federal Reserve Bank of Kansas City has some interesting things to say today about Paul Volcker, risk taking, and especially about bank capitalization. Please consider The Financial Foundation for Main Street. History tells us that for a country to succeed and endure economically it must adhere to a simple set of principles. No matter the market’s complexity, these principles anchor both its financial system and overall economy. And the most fundamental of these …

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Kansas City Fed’s Hoenig Endorses Volcker, Suggests Large Banks $210 Billion Undercapitalized; Blasts "Too Big To Fail"