Saturday, January 30, 2010
Paul Volcker tries once again to retake the Wall Street casino in his NYT op-ed this morning (theme: divorce the proprietary trading activities from the commercial activities of big banks). Now that President Obama finally understands that the only way to get the Republicans back on the mat is to kick them where it hurts.. i.e. start spouting Wall Street reform, the likes of Volcker will wax and that of Geithner will wane - or so we think. Of course, the casino owners have lawyers too...
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