Millennials Taking a Bad Rap, SEC Inept?, More Bank Layoffs, and More Quotes of the Week

The buy side is starting to feel the commission squeeze, the SEC's incompetence, Volcker Rule scare tactics and hiring the best and the brightest are just a few of the this week's top quotes.
June 01, 2012


2. Fool Me Once...

We heard from some folks today that tout tragedy if a sturdy Volcker Rule is approved. That's foolish phooey. There are tremendous perils for not having a strong Volcker Rule: namely another budget-busting bank bailout.

— Bart Chilton, Commissioner of the CFTC

Source: NY Times Dealbook

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