The Volcker Rule: Three Years and Nearly 1,000 Pages Later
Five financial regulatory agencies have completed the final rules to implement the Volcker Rule, a regulation required by the Dodd–Frank bill that is supposed to… Read More
Volcker Rule Gets Stuck on Reality
Slate seems to have picked up on a classic regulatory problem that relates to the (still being finalized) version of the new Volcker Rule. The… Read More
Morning Bell: Don’t Fear the Free Market
The lingering headline on the front pages this week is that JP Morgan Chase suffered a massive loss on a hedging strategy, costing them $2… Read More
JPMorgan Loses $2 Billion; Still Beats Postal Service
JPMorgan Chase’s $2 billion trading loss is top news nationwide. But over at the U.S. Postal Service (USPS), such losses are business as usual. USPS… Read More
JPMorgan Chase Losses: No Reason for More Regulation
JPMorgan Chase’s announcement that it has lost $2 billion in a failed hedge strategy sent shock waves through the financial world yesterday. And in Washington,… Read More
Dodd Bill Could Mean Trouble for USAA
Sen. Christopher Dodd insists that his financial reform bill is aimed at Wall Street companies. But USAA, the well-known financial-services company for members of the… Read More
