What the Volcker rule misses…

A nice presentation here on the complexities of implementing the Volcker rule, highlighting how commercial banks, investment banks and prop trading interact. Also see here for a review of the many financial crisis books that have been written recently, titles to several can be seen by clicking on the “popular finance books” link to the right.  (It takes you to an Amazon wish list, which is an easy way to keep track of them. This is NOT a hint that I “wish” to have them).

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