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"I don't think the effect of removing TAG … has been anywhere near as dramatic as people thought it would be," Hoenig said.

TAG Expiration Had Little Impact: FDIC's Hoenig

by Joe Adler
MAR 20, 2013 2:26pm ET
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FDIC Vice Chairman Thomas Hoenig reiterated his hope Wednesday for a big-bank breakup, and said ending the Transaction Account Guarantee program did not result in significant deposit transfers.

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