Fed's Kohn discusses financial bubbles, risks, regrets

06/17/2010 | Wall Street Journal, The

Donald Kohn has spent the past four decades as a central banker. He had a front-row seat to surging 1970s inflation, the prosperous 1980s, the recent financial crisis and everything in between. As the vice chairman of the Federal Reserve prepares to retire, he discusses financial bubbles, threats to the global economic recovery and regrets. He also talks about former boss Alan Greenspan, to whom he says history will be kind.

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Wall Street Journal, The