Posted by & filed under Governments & Regulators.

Description: JUST before the Fourth of July weekend, Paul A. Volcker packed his fishing gear and set off for his annual outing to the Canadian wilds to cast for Atlantic salmon.
Source: NYTimes.com
 
Date: 07/09/2010

Link: http://www.nytimes.com/2010/07/11/business/11volcker.html?ref=business

Questions for discussion:

  • Summarize the main points presented in this article.
  • According to Paul Volcker, which reforms are missing?
  • Do you agree with this view?
  • How do you think the reform package will impact the markets?
  • Will the reforms act to reduce the risks of financial crisis in the future?

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