Kevin Warsh, member of the Board of Governors of the Federal

UNITED STATES - APRIL 14: Kevin Warsh, member of the Board of Governors of the Federal Reserve System, speaks at the New York University Law School during the Global Economic Policy Forum 2008 in New York, U.S., on Monday, April 14, 2008. Warsh warned that the central bank's aid to financial markets isn't a cure-all for the credit crisis and that Fed-provided liquidity is a "poor substitute" for funding. (Photo by Emile Wamsteker/Bloomberg via Getty Images)

Kevin Warsh, member of the Board of Governors of the Federal
UNITED STATES - APRIL 14: Kevin Warsh, member of the Board of Governors of the Federal Reserve System, speaks at the New York University Law School during the Global Economic Policy Forum 2008 in New York, U.S., on Monday, April 14, 2008. Warsh warned that the central bank's aid to financial markets isn't a cure-all for the credit crisis and that Fed-provided liquidity is a "poor substitute" for funding. (Photo by Emile Wamsteker/Bloomberg via Getty Images)
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April 14, 2008
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