"Fed Kohn Paper: Crisis Early Warning Requires Better Data"

By Tom Duncan
"While, in hindsight, some of the data available to the Federal Reserve and other authorities gave notice of the financial crisis, more data and a different approach to analyzing them are needed if a reliable 'early warning system' for future crises is to be developed, according to research by Federal Reserve Vice Chairman Donald Kohn and others released Monday. In a constantly changing financial market, financial supervisors must look at the available data less like physicists and more like intelligence analysts, Kohn and his co-authors contend." Read more."Fed Kohn Paper: Crisis Early Warning Requires Better Data"Steven K. BeckneriMarketNews.com, April 19, 2010.

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