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Tuesday, January 26, 2010 9:19:05 AM
Goldman Sachs Will Lose Access To The Discount Window Under The Volcker Rule
The background to the Volcker rule
* January 25, 2010
Because background briefings for the media are fun, and interesting, and something that the public don’t often get to see, here’s the transcript of the press rundown for the Volcker rule unveiled last week.
Things to watch out for — “senior administration officials” dodging any outright mention of Goldman Sachs, and the explicit statement that this is about “constraining future growth” of the financial sector.
But we’ve highlighted the best bits for you anyway:
http://ftalphaville.ft.com/blog/2010/01/25/133431/the-background-to-the-volcker-rule/
George.
The background to the Volcker rule
* January 25, 2010
Because background briefings for the media are fun, and interesting, and something that the public don’t often get to see, here’s the transcript of the press rundown for the Volcker rule unveiled last week.
Things to watch out for — “senior administration officials” dodging any outright mention of Goldman Sachs, and the explicit statement that this is about “constraining future growth” of the financial sector.
But we’ve highlighted the best bits for you anyway:
http://ftalphaville.ft.com/blog/2010/01/25/133431/the-background-to-the-volcker-rule/
George.
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