'Volcker Rule': Goldman Sachs And Others Could Lose Their Bank Status

04/14/2010 05:12 am ET | Updated May 25, 2011
  • Chrystia Freeland and Francesco Guerrera ft.com

Goldman Sachs and other banks should give up their bank status if they want to avoid the ban on proprietary trading proposed by the White House, Paul Volcker, head of President Barack Obama’s Economic Recovery Advisory Board, said.

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