Paul Volcker stood to President Obama's right for a short statement on finance-industry restrictions considered Volcker-friendly (and some say not a moment too soon). His "limit the scope" proposals would separate banks from hedge funds, P-E funds or prop trading operations (for the first time). "Limit the size" plans would restrict market share of liabilities at the biggest firms.
Paul Volcker stood to President Obama's right for a short statement on finance-industry...
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