Regulators Can't Be Trusted To Act... Former Fed Chairman Volcker criticizes bank regulators, says Congress needs to rein in Wall Street & the nation's megabanks because the regulators won't do it on their own... worries that his recommendation to ban banks from trading securities with their own funds & from owning or investing in hedge funds & private equity firms will not be heeded... http://www.huffingtonpost.com/2010/03/17/volcker-regulators-cant-b_n_503304.html (3*)
Thursday, March 18, 2010
Regulators Can't Be Trusted To Act... Former Fed Chairman Volcker criticizes bank regulators, says Congress needs to rein in Wall Street & the nation's megabanks because the regulators won't do it on their own... worries that his recommendation to ban banks from trading securities with their own funds & from owning or investing in hedge funds & private equity firms will not be heeded... http://www.huffingtonpost.com/2010/03/17/volcker-regulators-cant-b_n_503304.html (3*)
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