Article: FEDERAL RESERVE BOARD OF GOVERNORS VICE CHAIRMAN DONALD L. KOHNFEDERAL RESERVE BOARD OF GOVERNORS VICE CHAIRMAN DONALD L. KOHN DELIVERS REMARKS AT THE FEDERAL RESERVE BANK OF NEW YORK AND COLUM


Washington Transcript Service
05-29-2008
FED VICE CHAIRMAN KOHN DELIVERS REMARKS AT THE FEDERAL
RESERVE BANK OF NEW YORK AND COLUMBIA BUSINESS SCHOOL
CONFERENCE ON THE ROLE OF MONEY MARKETS, NEW YORK CITY,
AS RELEASED BY THE FEDERAL RESERVE
MAY 29, 2008
SPEAKER: FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS
VICE CHAIRMAN DONALD L. KOHN
[*]
KOHN: Market participants, scholars, and central bankers and
other policy-makers have long recognized that liquid money markets are
critical to financial stability. Many banks and other financial market
participants obtain a significant portion of their funding in the money
markets and rely on rolling over such ...

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