Wednesday, February 15, 2012

Former Wall Street CEO Says Rule Reining In Banks’ Risky Trading Doesn’t Go Far Enough

Former Wall Street CEO Says Rule Reining In Banks’ Risky Trading Doesn’t Go Far Enough: pEver since it was first proposed, the financial services industry has launched a withering assault on the Volcker rule, a regulation meant to rein in the ability of banks to gamble with their customers’ deposits. The banks were able to water the rule down before it was passed into law — thanks in no small [...]/p