Tuesday, February 28, 2012
The Volcker Rule
This link goes to a New York Times editorial piece from yesterday regarding the Volcker Rule, a big part of the Dodd-Frank financial reform law- I thought it was interesting considering the role that Paul Volcker had in Confidence Men. The end of the piece notes how important it is for the government to stand up to the banks and Wall Street. Though President Obama has endorsed this rule, he must stand up for it like he failed to do when dealing with the financial crisis early on in his term.