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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.
View Photo »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.
View Photo »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.
View Photo »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.
View Photo »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.
View Photo »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.
View Photo »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.
View Photo »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.
View Photo »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.
View Photo »US Treasury Secretary Timothy Geithner (R) speaks with Chair of the Council on Economic Advisers Christina Romer (2nd R) as former Federal Reserve Chairman Paul Volcker (2nd L) and New York City Mayor Michael Bloomberg (L) speak before US President Barack Obama delivered a major speech...
View Photo »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.
View Photo »Jeffrey Immelt (2nd L), Chairman and CEO of General Electric, speaks outside of the West Wing alongside Paul Volcker (L), chairman of the President's Economic Recovery Advisory Board, after the board's first quarterly meeting with US President Barack Obama at the White House in Washingt...
View Photo »John Doerr (3rd R), of Kleiner, Perkins, Caufield & Byers, speaks outside of the West Wing alongside Jeffrey Immelt (4th L), Chairman and CEO of General Electric, Paul Volcker (L), chairman of the President's Economic Recovery Advisory Board, and other members of the board, after the bo...
View Photo »General Electric Chief Executive Officer Jeffrey Immelt, center, accompanied by, from left, Paul Volcker, left, chairman of the President's Economic Recovery Advisory Board; John Doerr of Kleiner, Perkins, Caufield and Byers; and former SEC Chairman William Donaldson, talks to reporters...
View Photo »WASHINGTON - MAY 20: U.S. President Barack Obama (3rd R) talks to GE CEO Jeffrey Immelt (2nd R) during a meeting with members of his Economic Recovery Advisory Board in the Roosevelt Room of the White House May 20, 2009 in Washington, DC.
View Photo »WASHINGTON - MAY 20: U.S. President Barack Obama (R) speaks as Chair of the President's Economic Recovery Advisory Board and former Chairman of the Federal Reserve Paul Volcker (C), and Chairman and Founder of Pritzker Realty Group Penny Pritzker (L) listen during a meeting with memb...
View Photo »WASHINGTON - MAY 20: U.S. President Barack Obama (R) speaks as Chair of the President's Economic Recovery Advisory Board and former Chairman of the Federal Reserve Paul Volcker (L) looks on during a meeting with members of his Economic Recovery Advisory Board in the Roosevelt Room of...
View Photo »WASHINGTON - MAY 20: U.S. President Barack Obama (R) speaks as Chair of the President's Economic Recovery Advisory Board and former Chairman of the Federal Reserve Paul Volcker (L) looks on during a meeting with members of his Economic Recovery Advisory Board in the Roosevelt Room of...
View Photo »President Barack Obama, flanked by Paul Volcker, left, and General Electric Chief Executive Officer Jeffrey Immelt, makes a statement to reporters at a meeting of the President's Economic Recovery Advisory Board, Wednesday, May 20, 2009, in the Roosevelt Room at the White House in Washi...
View Photo »President Barack Obama, seated with Paul Volcker, center, and Penny Pritzker of Pritzker Realty Group, gestures during a meeting of the President's Economic Recovery Advisory Board, Wednesday, May 20,2009, in the Roosevelt Room at the White House in Washington.
View Photo »NEW YORK - MARCH 25: (L to R) British Prime Minister Gordon Brown, former Secretary of State Madeleine Albright and former Federal Reserve Chairman Paul Volcker share a laugh while posing for a photo at a forum on multilateralism and global issues at New York University March 25, 2009...
View Photo »NEW YORK - MARCH 25: British Prime Minister Gordon Brown (C), former Secretary of State Madeleine Albright (L) and former Federal Reserve Chairman Paul Volcker (R) attend a forum on multilateralism and global issues at New York University March 25, 2009 in New York City.
View Photo »NEW YORK - MARCH 25: (L to R) British Prime Minister Gordon Brown, former Secretary of State Madeleine Albright and former Federal Reserve Chairman Paul Volcker attend a forum on multilateralism and global issues at New York University March 25, 2009 in New York City.
View Photo »NEW YORK - MARCH 25: (L to R) British Prime Minister Gordon Brown, former Secretary of State Madeleine Albright and former Federal Reserve Chairman Paul Volcker attend a forum on multilateralism and global issues at New York University March 25, 2009 in New York City.
View Photo »NEW YORK - MARCH 25: British Prime Minister Gordon Brown (C), former Secretary of State Madeleine Albright (L) and former Federal Reserve Chairman Paul Volcker (R) attend a forum on multilateralism and global issues at New York University March 25, 2009 in New York City.
View Photo »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.
View Photo »If the Federal Reserve supervisory role was less aggressive and less effective than subsequent events suggest have been desirable and necessary, let's indeed strengthen that function and ensure it receives the attention it deserves
The other way to reduce moral hazard is to limit certain kinds of risk-taking by institutions that hold taxpayer-insured deposits, as suggested by former Federal Reserve Chairman Paul Volcker and Bank of England Chairman Mervyn King.
Business as usual simply won't do, however attractive that may be for those Wall Street lions who have become accustomed to huge compensation as a kind of God-given right
Gold does well when monetary and fiscal policies are poor and does poorly when they appear sensible ... Gold did very well during the Great Depression when FDR debased the currency. It did well again in the money printing 1970s, but collapsed in response to Paul Volcker's austerity.
The recovery will be pretty slow, too slow to reduce the unemployment rate very fast
India may need 'assertive' monetary tightening to control inflation similar to the steps taken by former U.S. Federal Reserve chairman Paul Volcker in the early 1980s, according to Lombard Street Research... 'India could soon need Volcker's policy
Think of the situation with Goldman Sachs
Part I of Paul Volcker, former chairman of the Federal Reserve, one of the wisest men on the economy. In part one of this conversation, he sheds light on the global economic crisis, how we got here, where we are, and what is next for us
The Federal Reserve Board should not become an academic seminar debating in its marble palace various approaches toward monetary policy without the leavening experience of direct contact with, and responsibility for, the world of finance and the institutions through which monetary policy is effected
Former Federal Reserve Chairman Paul Volcker called on U.S. lawmakers to give the central bank more authority to oversee the financial system... The Fed has 'the independence from political pressures, the prestige and the essential qualifications of experience to serve as overseer of the financial syste...
- IPAStore
5 hours ago
Must agree: Paul Volcker was...awesome.
- ms_eliza 1 day ago
- wdharrisjr
2 days ago
- vaidynath
6 days ago
