…the Wall Street Rule. That is literally the nickname for it. We suspect they know full well the Wall Street Rule is being applied here. Read more at Naked Capitalism…

…Final Solution all on guard this time This is the reality. 44% of our wealth is due to rule of law. World Bank study on wealth in 2005 stated: Worldwide,…

…and higher interest rates following the Volcker shocks, household debt ratios rose at about half the rate of the postwar years (1.4 percent annually compared with 2.6 percent). This increase…

…tried to make a big deal out of Lew overseeing the Financial Stability Oversight Council in administering the Volcker Rulelimiting proprietary trading, saying that “it could lead to an awkward…

…where stomping on (spiraling?) inflation is…problematic. So they won’t be able to fulfill the second half of their promise without causing a job recession a la Volcker. Rock and a…

…ignoring coal plants in discussions of global warming. Lefty idol Paul Krugman has given this example a zillion times: when Volcker opened the monetary taps in ’83 (after clamping down…

…that they will do it. They always do, have done since Volcker. But what about the other push-comes-to-shove scenario — the “fiscal cliff” on the left? The Fed could therefore…

…finance team who favored aggressive financial services industry reform like Paul Volcker, may finally be in a position to exert real influence. But for every one of them, there are…

…Maestro continuing to attempt to improve the reputations of Paul Volcker and Ben Bernanke, if not G. William (“I ran a company, I didn’t need to know about Finance”) Miller.*…

…these products, for very good reason. Paul Volcker’s description of the ATM as the only financial innovation in the past 25 years that helped people has never seemed so true….