Paulson, who is known for arranging the numerous bailouts of banks and other non-bank financial companies during the height of the financial crisis, suggested that the blame being passed around for the 2008 downturn was unevenly spread. "It has happened

The media A-list has decided that winter is over (did it ever start?) and came out of hibernation in a major way at Michael’s today. Every square inch of the dining room was occupied by boldface names of every description from social swans (Amy Fine Coll

There he goes again. Wall Street is fighting tooth and nail to emasculate the Dodd-Frank Bill, focusing its artillery on the Volcker Rule, namely those sections calling for the elimination of proprietary trading by banking institutions. In case you may h

I’d recommend that you at least glance at the Occupy the SEC letter about the Volcker Rule before attempting to digest Andrew Ross Sorkin’s column on the same subject today. I’m with Volcker here. And the fallacy in Sorkin’s thinking is easy to see: he’s

The condensed version: short-term, Sorkin is as worried about the rule as banks are, spends most of the column repeating their arguments against it and then says that despite all these bad things, the Volcker Rule is actually is a good idea in the long-t

Volcker Rule: A flurry of comment letters, both for and against the ban of proprietary trading by insured commercial banks, were filed by the midnight deadline — including one by the old lion who conceived the rule, rebutting critics’ “futile stonewallin