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Day 22 January 2010

The return of Paul Volcker’s approach to market regulation is meant to remind big finance who’s in charge.

Word on the street is our country’s financial powerhouses had a full year to decide how they wanted to self-police, post collapse.  Needless to say, the administration felt they didn’t come anywhere close to passing the test.  They should have been a little less brazen considering everyone knew Paul Volcker has the President’s ear, but [...]