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Listen to a top economist in the Obama administration describe Paul A. Volcker, the former Federal Reserve chairman who endorsed Mr. Obama early in his election campaign and who stood by his side during the financial crisis, Louis Uchitelle wrote in... Full Article at Dealbook
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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
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… perceived as standing apart from Wall Street, and critical of its ways, some administration officials say, while Timothy F. Geithner, the Treasury secretary, and Lawrence H. Summers, chief of the National Economic Council, are seen, rightly or... Full Article at Columbia Journalism Review
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Listen to a top economist in the Obama administration describe Paul A. Volcker, the former Federal Reserve chairman who endorsed Mr. Obama early in his election campaign and who stood by his side during the financial crisis. Full Article at The New York Times
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In the meantime, Volcker said the recent sharp rally in the U.S. stock market from recession lows and other signs of revival in financial markets should not lead to complacency in the push for financial reforms. Full Article at CNBC
Related Quotes
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People say I’m old-fashioned and banks can no longer be separated from nonbank activity
SOURCE: Dealbook -
We would have a cleaner, safer banking system
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The banks are there to serve the public
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I am not pounding the desk all the time, but I am making my point ... I have talked to some senators who asked me to talk to them, and if people want to talk to me, I talk to them. But I am not going around knocking on doors.
SOURCE: Dealbook
