Description:Â Â Paul A. Volcker is a giant of financial history. He played a behind-the-scenes role when the United States abandoned the gold standard in 1971. He restored credibility to the Federal Reserve and slew inflation a decade later.
Questions for discussion:Â
- Summarize the report and the meaning of the Volker Rule.
- What impact do you think this regulation will have on the industry?
- Do you think the regulation is warranted?