On the recordJuly 14, 2010
I believe guidance came out in 2006, I believe it was, to the supervisors and to banks stating essentially that banks with high exposures needed to carefully manage risks around these exposures.
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congress.govJanet Yellen: “I believe guidance came out in 2006, I believe it was, to the supervisors and to banks stating essentially that banks…”
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Yellen discusses regulatory guidance for banks on managing high-risk exposures.
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