Evening Reading (May 10, 2010)

Paul Volcker just saved Wall Street's bankers ... and now he owns them

The Finance Lobby Goes to Work – Will Wall St. Reform Actually Affect Wall St.?

Nassim Taleb Kills $20 Billion Swan, WSJ Crashes Credibility (By Janet Tavakoli)

Blaming Merrill Might Set Goldman Sachs Free: Michael Lewis

JPMorgan Chase Warns Investors About Underwater Homeowners Walking Away

Read this Trash: Bailout -- Best Program Evaaah?

Wall Street LOBBYING: Report Blames Revolving Door For 'Too Big To Fail'

Grassley Signs On To Bipartisan Franken Amendment On Rating Agency Reform

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Comments

[Zarathustra]

About Volcker / Group of Thirty / Central Bankers...is is very simple...

http://www.youtube.com/watch?v=GNGc9zmpK5M

[Zarathustra]

"Alas, by further elevating Volcker as the arbiter of all that is good and just in financial reform, this latest development may have all but closed that window."

Well, that is the job the Central Bank gave to the Group of Thirty.