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Volcker Rule

Why Jamie Dimon Has Egg On His Face

Posted 05.10.2012 | Business

Oh, the irony. After roundly criticizing regulations aimed at preventing banks from taking huge and unsustainable risks with their own money, Jamie...

Mark Gongloff

JPMorgan Chase Admits Big Losses On 'Egregious' Credit Trades | Mark Gongloff | Posted 05.11.2012 | Business

JPMorgan Chase has suffered big, unexpected losses at a closely watched trading desk, providing fodder to supporters of a new financial regulation the...

Paul Ryan: Paul Ryan Is Totally Wrong About Bank Reform

The Huffington Post | Mark Gongloff | Posted 05.10.2012 | Business

Who is that handsome socialist from Wisconsin, and what has he done with Rep. Paul Ryan? A Bloomberg View piece on Wednesday in support of the Volc...

The Banks Have Two Years To Get Ready For The Volcker Rule

Reuters | Posted 06.19.2012 | Business

* Fed clarifies 2-year compliance period for Volcker rule * Fed has said may miss July deadline to finalize rule * Delay...

Ex-Wall Street Banker: Volcker Rule Will Correct A Dangerous Mistake

The Huffington Post | Alexander Eichler | Posted 04.18.2012 | Business

Apparently not every banker hates the Volcker rule. Roger Vasey, who used to be in charge of global debt markets at Merrill Lynch, penned a pro-Vol...

Paul Volcker on the Volcker Rule

Bill Moyers | Posted 06.10.2012 | Business
Bill Moyers


The Best Congress the Banks' Money Can Buy

Bill Moyers | Posted 06.09.2012 | Politics
Bill Moyers

After months of haggling and debate, Congress finally passes reform legislation to fix a serious rupture in the body politic, and the president signs it into law. But the fight's just begun, because the special interests immediately set out to win back what they lost when the reform became law.

The Wild, Off the Mark Arguments Against the Volcker Rule

Sen. Jeff Merkley | Posted 06.03.2012 | Business
Sen. Jeff Merkley

Big banks are formulating a host of arguments -- wild, off the mark arguments -- aimed at dismantling the Volcker Rule firewall between loan-making, customer-serving banks and high-risk hedge funds.

Volcker Rule Would Cause Irreparable Damage to the Muppets -- and Much More Broadly

Simon Johnson | Posted 06.01.2012 | Business
Simon Johnson

If the Volcker Rule is implemented as planned, that would have a major negative effect on the bond yields paid by the Muppets and other leading providers of children's entertainment. No one else will ever trade these bonds to any significant degree.

Goldman & Friends

Mitch Feierstein | Posted 05.29.2012 | Business
Mitch Feierstein

Greg Smith's recent wail of resignation made it clear that Goldman Sachs has long lost touch with these simple truths. The thing is, though, you don't have to be a client of Goldman's to lose out, you just have to be, well, a human.

The Volcker Rule's 'Unintended Consequences'

Reuters | Posted 05.27.2012 | Business

* Study says exemption for market making should be broadened * Says gasoline and power costs could rise without changes ...

Here's Another Financial Regulation Under Assault

Mark Gongloff | Posted 05.27.2012 | Business
Mark Gongloff

Amnesia is bipartisan. The one thing, apparently, that can get Democrats and Republicans working together is a desire to wreck protections for the economy and investors that were put in place not long ago.

It Pays To Oppose The Volcker Rule

The Huffington Post | Alexander Eichler | Posted 03.27.2012 | Business

Why haven't more lawmakers insisted on strict financial regulation? Maybe because that's not where the money is. Members of Congress who have calle...

Designing a Blueprint for Accountability

Eliot Spitzer | Posted 05.27.2012 | Politics
Eliot Spitzer

Simply passing a bill designed by the Chamber of Commerce and the banks is a cheap move to appease donors and those whose economic theories have been proven wrong at every turn over the past several decades. But that is, unfortunately, what we have come to expect.

Volcker: Obama Socialist Claims Have 'No Connection With Reality'

The Huffington Post | Alana Horowitz | Posted 03.25.2012 | Business

Paul Volcker sounded off on critics of President Obama in an interview with CBS's Anthony Mason. Asked whether he agrees with accusations that the...

Trade Deals: Backdoor Financial Deregulation

Lori Wallach | Posted 05.20.2012 | Business
Lori Wallach

Wall Street has a new power tool to demolish financial stability policies, and it comes from a source many would not expect.

Goldman Backlash Good News For Volcker Rule

Reuters | Posted 05.15.2012 | Business

* Departing exec's editorial calls out treatment of clients * Reform advocates say shows need for tough Volcker rule * S...

Still Waiting On That CEO Pay Rule, Guys

The Huffington Post | Alexander Eichler | Posted 03.14.2012 | Business

You know your boss makes more than you. But do you know how much more? The architects of the Dodd-Frank act would like you to know. That's why they...

Too Big to Fail and the Volcker Rule

Ted Kaufman | Posted 05.05.2012 | Politics
Ted Kaufman

Universal agreement on a goal -- no possibility of a future bank bailout -- doesn't necessarily mean that goal will be achieved. Our major banks are still too big to fail.

Volcker Rule Deadline Likely Blown

The Huffington Post | Alexander Eichler | Posted 03.01.2012 | Business

Here's news that will surprise no one who's been watching the tortured fights over the Volcker Rule: The controversial financial regulation is not lik...

Volcker: Banks 'Shouldn't Be Fighting The Concept' Of My Rule

Reuters | Posted 04.30.2012 | Business

By Stanley Carvalho and Martina Fuchs ABU DHABI, Feb 29 (Reuters) - Former U.S. Federal Reserve chairman Paul Volcker, who lent his na...

The Volcker Rule: Return to Sender

Robert Kuttner | Posted 04.27.2012 | Business
Robert Kuttner

Paul Volcker deserves better. In the hands of Tim Geithner's Treasury, the Rule named for Volcker supposedly limiting speculative mischief by government-guaranteed banks is fast becoming a cumbersome parody of itself.

Google Goggles: Seven And A Half Things To Know

The Huffington Post | Mark Gongloff | Posted 02.23.2012 | Business

There are 17 different things a guy can do when he lies to give him away, but there are only seven and a half things you need to know today. Here they...

Parsing the Debate Over the Volcker Rule

Robert Teitelman | Posted 04.22.2012 | Business
Robert Teitelman

It's possible that this entire kerfuffle over the Volcker Rule is just hot air. But we won't really know the full costs, before we try it out and drive it awhile.

Jamie Dimon Beware: The Wall Street Journal Says It Is Time to Break Up the Big Banks

David Paul | Posted 04.20.2012 | Business
David Paul

Our finance industry is on the attack again. The industry target now is the Volcker rule -- the proposed rule that would limit the ability of banks to trade for their own account. Leading the attack has been JPMorgan CEO Jamie Dimon.