View By Tag : volcker
'Volcker Rule' Stalls in Senate (online.wsj.com)
Key senators are expected to scrap President Barack Obama's proposal to prohibit commercial banks from certain risky trading activities, people familiar with the matter said, a setback for the... More
Submitted 21 days ago by gregplaysdrums | 0 Comments |
Volcker pitches bank risk-taking rules to Congress (www.latimes.com)
Former Federal Reserve Chairman Paul Volcker made a personal pitch Tuesday for the Obama administration's new proposal to sharply limit risks taken by the nation's largest banks, using his status as a... More
Submitted about 1 month ago by gregplaysdrums | 0 Comments |
Consumer groups: Breaking up banks ‘crucial’ to avoid another meltdown (rawstory.com)
As the Senate debates financial reform, consumer groups are urging Congress to break up the biggest banks and impose strict limits on proprietary lending, virtually guaranteeing a "repeat" of the 2008... More
Submitted about 1 month ago by gregplaysdrums | 0 Comments |
Volcker Urges Lawmakers to End Era of 'Too Big to Fail' (www.dailyfinance.com)
White House economics adviser Paul Volcker urged lawmakers to restrict risks taken by large banks and adopt regulations that would prevent them from becoming "too big to fail."
Submitted about 1 month ago by gregplaysdrums | 0 Comments |
‘Wake up, gentlemen’, world’s top bankers warned by former Fed chairman Volcker (business.timesonline.co.uk)
One of the most senior figures in the financial world surprised a conference of high-level bankers yesterday when he criticised them for failing to grasp the magnitude of the financial crisis and... More
Submitted 3 months ago by gregplaysdrums | 0 Comments |
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