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There are growing asset bubbles, the Fed needs to test more how firms would perform if these asset prices decline further. If there is a major correction, the impact could be dramatic.

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CNN 3 years ago

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Kerry Killinger

Kerry Killinger

Kerry Killinger (born June 6, 1949) is an American businessman and author. He is founder and CEO of Crescent Capital Associates, and previously served as chairman and chief executive officer of Washington Mutual. Killinger was included in CNBC's September 2018 10-year look-back coverage about the 2008 financial crisis and his thoughts on the current state of finances in the US and around the world.

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