Volker Smolker

[LPH]

Our natoriously Lazy (capital L) federal reserve regulators clarify that banks have another TWO years before they must comply with the Volker rule. Yippee! Let the gambling with our retirement funds continue until the rich have taken it all !

Hmm. Two years on top of the three previous years - now that is some harsh regulation.

http://www.skadden.com/newsletters/FSR_The_Volcker_Rule.pdf

 

[Robert Heiny]

Uhhu, so how's this changee promise working for you, now 3 years down stream?

 

[LPH]

Uhhu, so how's this changee promise working for you, now 3 years down stream?

I suspect October will be a surprise when the "economy" crashes again due to the gambling on the street.