Apparently prop trading accounted for only $14B of losses out of a total $365B suffered during...

|By:, SA News Editor

Apparently prop trading accounted for only $14B of losses out of a total $365B suffered during the credit crunch, according to research from analyst firm Tricumen. If that number-crunching is correct, that means Volcker supporters are rallying around a rule that addresses only 3.8% of the losses.