The Volcker Rule Is Now The Volcker Suggestion -- Grading Obama On Wall St. Reform (Ratigan & Spitzer CLIP)

Jun 4, 2010 at 3:30 PM
DailyBail in Dylan Ratigan, Volcker Rule, derivatives, dylan ratigan, dylan ratigan video, eliot spitzer, obama, paul volcker, paul volcker, the volcker rule, the volcker suggestion, video, wall street, wall street reform, wall street reform

Video:  Dylan Ratigan with Jonathon Alter & Eliot Spitzer -- May 28, 2010

It's a beautiful thing.  Larry Summers and Tim Geithner get pretty much all the blame.  And the Volcker rule ain't happening:

• "The current provision is more like the Volcker weak suggestion than the Volcker Rule."

• "Will we see President Obama stand up against bank lobbyists or will he ultimately hide behind the political expediency and convenience of perpetuating this infinitely leveraged, non-transparent system because he's afraid to take the risk of actually fixing it?"

 

 

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