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The Region

Banking and Policy Issues Magazine

2007 Annual Report Issue

Message from the President 
Gary H. Stern,
Federal Reserve Bank of Minneapolis [PDF]

2007 Annual Report Cover


2007 Annual Report Essay
Managing the Expanded Safety Net
In this essay, we explain why the government’s response to the 2007–08 financial turmoil, although justified, expanded the safety net and exacerbated the existing too big to fail problem. [PDF]

Too Big To Fail: The Hazards  of Bank Bailouts
Excerpts from the 2004 book by Gary H. Stern and
Ron J. Feldman [PDF]

2007 Operations Report

Message from the First Vice President   
James M. Lyon, Federal Reserve Bank of Minneapolis [PDF]

2007 by the Numbers

Officers, Directors and Advisory Councils [PDF]

2007 Financial Statements [PDF]

Send comments to letters@mpls.frb.org.

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