Henry Kaufman Discusses U.S. Economy Oct. 14

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Oct. 14 (Bloomberg) -- Economist Henry Kaufman, president of Henry Kaufman & Co., talks about the U.S. economy and financial system, Federal Reserve monetary policy and the housing market. Kaufman, speaking with Tom Keene on Bloomberg Television's "Surveillance Midday," said large financial institutions will play an increasingly large role in the U.S. in 10 years, posing a threat to “economic democracy.” (Source: Bloomberg)

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