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Volker Smolker

Discussion in 'General Business & Finance Discussions' started by LPH, Apr 19, 2012.

  1. LPH

    LPH Flight Director Flight Instructor

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    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
     
  2. Robert Heiny

    Robert Heiny Research Scientist of Learning and Education Flight Instructor

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    18
    Uhhu, so how's this changee promise working for you, now 3 years down stream?
     
  3. LPH

    LPH Flight Director Flight Instructor

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    735
    I suspect October will be a surprise when the "economy" crashes again due to the gambling on the street.
     

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