,
3 tweets,
2 min read
Read on Twitter
This is not good 4 consumer.
Volcker Rule
emerged from
Dodd-Frank Act
ensures banks
got enough juice w/out
dipping N2 ur FIDC cash
2 make profit.
Don't folks like a lot of juice?
Thought so.
Let's keep the Volcker Rule juice.
Attaching a good article
2 learn more.
1/2
Volcker Rule
emerged from
Dodd-Frank Act
ensures banks
got enough juice w/out
dipping N2 ur FIDC cash
2 make profit.
Don't folks like a lot of juice?
Thought so.
Let's keep the Volcker Rule juice.
Attaching a good article
2 learn more.
1/2
The Volcker Rule
8-13-19
"Since any dramatic step 2 weaken rule
will B seen as gift 2 lrgst banks,
it could play N2 a narrative
the Trump admin’s de-regulatory agenda
favors big business.
This could amplify
rhetoric of Dems
#Blue2020.
2/2
americanbanker.com/opinion/how-a-…
8-13-19
"Since any dramatic step 2 weaken rule
will B seen as gift 2 lrgst banks,
it could play N2 a narrative
the Trump admin’s de-regulatory agenda
favors big business.
This could amplify
rhetoric of Dems
#Blue2020.
2/2
americanbanker.com/opinion/how-a-…
Wat?
The Volcker Rule
2008 Financial Crisis
Nothing 2 prevent banks
from using customers’ FIDC funds
2 enrich their own portfolios.
Hence, Dodd-Frank adopted
idea of eliminating those in-house portfolios,
thus eliminating any conflict of interest.
americanbanker.com/opinion/how-a-…
The Volcker Rule
2008 Financial Crisis
Nothing 2 prevent banks
from using customers’ FIDC funds
2 enrich their own portfolios.
Hence, Dodd-Frank adopted
idea of eliminating those in-house portfolios,
thus eliminating any conflict of interest.
americanbanker.com/opinion/how-a-…
