The Money Times logo The Money Times 1 month ago

Volcker pushes for separate banks

Washington -- Former Federal Reserve Chairman Paul Volcker said he espouses a banking system that separates commercial and investment banking. Full Article at The Money Times

Related Topics:

  1. Barack Obama
  2. Paul Volcker
  3. Federal Reserve

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    Volcker pushes for separate banks
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    WASHINGTON, Oct. 21 (UPI) -- Former Federal Reserve Chairman Paul Volcker said he espouses a banking system that separates commercial and investment banking. Full Article at United Press International

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Related Quotes

  1. The banks are there to serve the public ... and that is what they should concentrate on. These other activities create conflicts of interest. They create risks.
    Paul Volcker – Paul Volcker SOURCE: The Moderate Voice 1 month ago
  2. This is, in other words, more a provocative idea than a proposal
    SOURCE: MarketWatch 1 month ago
  3. People say I’m old-fashioned and banks can no longer be separated from nonbank activity
    SOURCE: CNBC 1 month ago
  4. The banks are there to serve the public
    SOURCE: CNBC 1 month ago
View all Related Quotes »
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  1. Chairman of the Federal Reserve Ben Bernanke speaks during The Economic Club of New York luncheon in New York, November 16, 2009.
  2. ST ANDREWS, SCOTLAND - NOVEMBER 07: The Chairman of the U.S. Federal Reserve Ben Bernanke (R) holds his hands to his face as U.S. Treasury secretary Timothy Geithner reads papers behind him during a break at the G20 Finance Ministers meeting on November 7, 2009 in St Andrews, Scotland.
  3. ST ANDREWS, SCOTLAND - NOVEMBER 06: Ben Bernanke, Federal Reserve Chairman, arrives to attend the G20 Finance Ministers meeting at a hotel in St. Andrews, on November 6, 2009 in St Andrews, Scotland.
  4. NEW YORK - NOVEMBER 04: Traders work on the floor of the New York Stock Exchange moments before the Federal Reserve announced it would leave interest rates unchanged on November 4, 2009 in New York, New York.
  5. WASHINGTON - OCTOBER 30: Former Associate General Counsel of the Board of Governors of the Federal Reserve System Oliver Ireland testifies before the House Financial Services Committee about overdraft fees levied by banks on Captiol Hill October 30, 2009 in Washington, DC.
  6. WASHINGTON - NOVEMBER 02: U.S. President Barack Obama (R) speaks as he meets with the Presidents's Economic Recovery Advisory Board (PERAB) as Chairman Paul Volcker (L) listens in the Roosevelt Room of the White House November 2, 2009 in Washington, DC.
  7. US President Barack Obama (R) speaks alongside Paul Volcker (L), chairman of the Presidentís Economic Recovery Advisory Board (PERAB) during a meeting of the board in the Roosevelt Room of the White House in Washington, DC, November 2, 2009.
  8. WASHINGTON - SEPTEMBER 24: Former Federal Reserve Chairman Paul Volcker participates in a House Financial Services Committee hearing on Capitol Hill on September 24, 2009 in Washington, DC.
  9. NEW YORK - SEPTEMBER 14: President's Economic Recovery Advisory Board Chairman Paul Volcker chats before U.S. President Barack Obama delivered a speech at Federal Hall on Wall Street about the financial crisis September 14, 2009 in New York City.

Cast of Characters

  1. Barack Obama Barack Obama
  2. Paul Volcker Paul Volcker
  3. Federal Reserve Federal Reserve
  4. White House White House
  5. Ben Bernanke Ben Bernanke
  6. Timothy F. Geithner Timothy F. Geithner