WASHINGTON - SEPTEMBER 24: Former Federal Reserve Chairman Paul Volcker holds a pen as he participates in a House Financial Services Committee hearing on Capitol Hill on September 24, 2009 in Washington, DC. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues. Getty Images logo Getty Images 2 months ago

WASHINGTON - SEPTEMBER 24: Former Federal Reserve Chairman Paul Volcker holds a pen as he participates in a House Financial Services Committee hearing on Capitol Hill on September 24, 2009 in Washington, DC. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues.

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  1. 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. According to a White House news release, the meeting was held to discuss long-term, innovation based ideas to sustain growth and continue to create jobs of the future.
  2. 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.
  3. 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. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues.

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  1. WASHINGTON - SEPTEMBER 24: Former Federal Reserve Chairman Paul Volcker holds a pen as he participates in a House Financial Services Committee hearing on Capitol Hill on September 24, 2009 in Washington, DC. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues.
  2. WASHINGTON - SEPTEMBER 24: Former Federal Reserve Chairman Paul Volcker arrives at a House Financial Services Committee hearing on Capitol Hill on September 24, 2009 in Washington, DC. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues.
  3. 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. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues.
  4. 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. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues.
  5. 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. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues.
  6. 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. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues.
  7. 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. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues.
  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. The committee is hearing testimony from Mr. Volcker on his perspective of financial systemic risk and resolution issues.
  9. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  10. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  11. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  12. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  13. Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. Bernanke said on Thursday that while the U.S. central bank's vast support for the economy will likely be needed for a while, the Fed will have to remove those measures as the economy heals to ward off inflation.
  14. An employee puts a "SALE" sign on the window of the Reiss store on Newbury Street in Boston, Massachusetts December 10, 2009. U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter for a second straight quarterly advance, Federal Reserve data showed on Thursday, which may boost consumers' confidence to spend.
  15. An employee puts a "SALE" sign on the window of the Reiss store on Newbury Street in Boston, Massachusetts December 10, 2009. U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter for a second straight quarterly advance, Federal Reserve data showed on Thursday, which may boost consumers' confidence to spend.
  16. A man carries a sign advertising the partial liquidation of a shop in Boston, Massachusetts December 10, 2009. U.S. households' net worth rose $2.7 trillion to $53.4 trillion in the third quarter for a second straight quarterly advance, Federal Reserve data showed on Thursday, which may boost consumers' confidence to spend.

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  10. MAGDEBURG, GERMANY - DECEMBER 15 : Lutz Truemper, mayor of the city of Magdeburg, attends the Women's German Indoor Cup press conference on December 15, 2009 in Magdeburg, Germany.
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  12. Indian team celebrates the dismissal of Sri Lanka's Angelo Mathews after a catch by Sachin Tendulkar, center foreground, off the bowling of Ashish Nehra, second left, during their first one day international cricket match in Rajkot, India, Tuesday, Dec. 15, 2009.
  13. Indian team celebrates the dismissal of Sri Lanka's Angelo Mathews after a catch by Sachin Tendulkar, center, off the bowling of Ashish Nehra, during their first one day international cricket match in Rajkot, India, Tuesday, Dec. 15, 2009.
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  16. A flock of migratory flamingos is seen in a pond on the outskirts of Ahmadabad, India, Tuesday, Dec. 15, 2009. According to news reports, ornithologists have warned the number of birds migrating could be much less this year due to indiscriminate habitat changes.