by
The government just approved a regulation called the
Volcker Rule to curb proprietary trading by banks — even though such trading did not cause the financial crisis, or
lead to massive financial losses by banks and taxpayers the way other, much
riskier practices by banks did (like risky mortgage loans, which the Obama
administration has pressured banks to once again engage in, in the name of fair lending and affordable housing).
on December 11, 2013
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