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Posts Tagged ‘Volcker Pushes for reform Regretting Past Silence’

Volcker and Lewitt Drop Bombs on Financial Regulatory Reform

Posted by Larry Doyle on July 12th, 2010 11:28 AM |

Will financial regulatory reform truly change the Wall Street landscape and insure that America never again experiences the economic crisis of the last few years? While we will likely see a number of our political operatives at 1600 Pennsylvania Avenue and on Capitol Hill waving flags and banging drums when the reform measures are inevitably passed, let’s listen to some political and financial insiders who have a different take.

Paul Volcker, former Fed chairman and current White House economic adviser, is clearly looking to clear his name prior to the passage of this reform. He spoke at length in an article released by The New York Times, Volcker Pushes for Reform, Regretting Past Silence.  Paul dropped the following bomb:  (more…)






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