Paul Volcker

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The trading ban, named the Volcker rule after former Federal Reserve Chairman Paul Volcker, prohibits banks that are backed by federal deposit insurance and that have Fed discount window borrowing privileges from proprietary trading. It also ...
May 24, 2012 at 23:57 | Source: platts.com
Bill Moyers invited former Fed chairman Paul Volcker — the architect of the rule — to respond: “You’ve got great advantages if you’re a government regulated bank,” Volcker explained. “Take the two big remaining investment banks — used to ...
May 15, 2012 at 23:54 | Source: TPMDC (blog)
AS A GROUP,” the economist Robert Lekachman wrote in 1976, “economists are slightly more entertaining than bankers and a trifle duller than lawyers.” Bankers, please note, were the dullest of all. And while Lekachman (with John Kenneth Galbraith, the ...
May 17, 2012 at 20:59 | Source: NorthJersey.com
What is the Volcker Rule? The Volcker Rule is part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. It got its name from the former Chairman of the Federal Reserve, Paul Volcker. The rule aims to put an end to proprietary trading by banks ...
May 22, 2012 at 01:41 | Source: Seekingalpha.com
The JPMorgan case spotlights one of Dodd-Frank’s rules in particular. The Volcker Rule, named for former Federal Reserve Chairman Paul Volcker, who proposed it, would prohibit commercial banking institutions with insured deposits—such as ...
May 21, 2012 at 14:07 | Source: American Progress
He also directed some scorn at Paul A. Volcker, the former Federal Reserve chairman who championed for the rule that bears his name. “Paul Volcker by his own admission has said he doesn’t understand capital markets,” Mr. Dimon once said.
May 21, 2012 at 18:31 | Source: New York Times
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 Volcker Rule (or, at least, what the Volcker Rule used to be) used as its launching pad recent ...
May 9, 2012 at 17:05 | Source: Huffington Post
... the London Whale's loss has given legislators and regulators more ammunition to tighten the Volcker Rule. If you want to know how this will play out, Paul Volcker will be in Hong Kong to give a keynote speech at the Fung Global Institute Asia Global ...
May 28, 2012 at 09:33 | Source: Nation - Thailand
Meanwhile, the so-called Volcker Rule, named after former Federal Reserve Chairman Paul Volcker, is still being shaped by policymakers at the Federal Reserve. The rule is meant to limit or ban banks making bets on the market with their own money ...
May 12, 2012 at 15:00 | Source: United Press International
In 1975, Mr. Volcker also became a senior fellow in the Woodrow Wilson School of Public and International Affairs at Princeton University. Paul Volcker, a Democrat, was appointed Chairman of the Federal Reserve in August 1979 by President Jimmy ...
May 25, 2012 at 13:26 | Source: Worldnews.com