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Data presented by Moti L. Kashyap of the University of California, Irvine, seem to show that reverse D-4F is more effective than D-4F in animals.
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"If we mandate that the Fed is not involved in supervision then we make hasty, uninformed decisions inevitable when it is called upon as a lender of last resort, " said University of Chicago business school professor and Fed consultant Anil Kashyap in his prepared testimony.
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