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
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio