Huffpost Business

Jonathan Alter: How Paul Volcker Was Pushed Out By Obama In 2008

Posted: Updated:

At 81, Volcker wasn't under any illusions about his age. He noticed that people called everyone else by their first name or last name, but only he, and now Obama, were accorded a "Mr." He knew that if he took a position inside the White House as a senior counselor it would be awkward for other aides--like having your father around telling you what to do.

Read the whole story at The Big Money

Around the Web

Obama's 'Volcker Rule' shifts power away from Geithner ...

Obama Offers Up The Volcker Rule - MarketBeat - WSJ

Paul Volcker Prevails: Obama's New Limits On Banks Are What ...

Volcker Has Obama's Ear, but Not on Overhaul of Banks -

Why Paul Volcker Was Frozen Out of the Obama Adminstration

Obama Is From Mars, Wall Street Is From Venus

What Volcker thinks

Former Fed chief Volcker backs change in system