The Volcker Rule Expanded

The Volcker Rule is a specific section of the Dodd–Frank Wall Street Reform and Consumer Protection Act originally proposed by American economist and former United States Federal Reserve Chairman Paul Volcker to restrict United States banks from making certain kinds of speculative investments that do not benefit their customers.[1] Volcker argued that such speculative activity played a key role in the financial crisis of 2007–2010. The rule is often referred to as a ban on proprietary trading by commercial banks, whereby deposits are used to trade on the bank’s own accounts, although a number of exceptions to this ban were included in the Dodd-Frank law.[2][3] The rule’s provisions are scheduled to be implemented as a part of Dodd-Frank on July 21, 2012[4], with preceding ramifications.[5]

From Wikipedia

Posted in Uncategorized | Leave a comment

To Carlos Quintanilla: Protector of Women and Girls

McClean didn’t write the book on Enron, she closed the book on Enron.

Posted in Uncategorized | Leave a comment

This is a Message to Collect a Debt

@BloombergTV
@mattmiller1973 “Perspectives(current events)” BTV is now BloombergTV + .+GE implies a jt.ven. relationship a la MSFT/Bing

WHAT’S YOUR PERSPECTIVE?

Posted in Uncategorized | Leave a comment

Obama Has Changed

He no longer wants any.

Posted in Uncategorized | Leave a comment

Maybe CEO Stuart was the “Poetry Man”

 

 

CPNCalpine Corp Phoebe Snow Foundation (10% Owner)18,500,00016.83311,354,9992012-05-22

Posted in Uncategorized | Leave a comment

Calpine CEO Stuart or Phoebe Snow?

 

 

 

 

 

 

CPN
Calpine Corp Phoebe Snow Foundation (10% Owner) 18,500,000 16.83 311,354,999 2012-05-22

Posted in Uncategorized | Leave a comment

What a Bottom!

Someone was asking about “double-Bottoms” since 2001. How about the depression eighty years ago.

Posted in Uncategorized | Leave a comment

The Fires of Hell

“But beware of men: for they will deliver you up to the councils, and they will scourge you in their synagogues; and you shall be brought before governors and kings for my sake, for a testimony against them and the Gentiles.” Matthew 10: 17-18

Posted in Uncategorized | Leave a comment

Let Go and Be Enveloped

“…I pour out my soul in me: for I had gone with the multitude, I went with them to the house of God, with the voice of joy and praise, with a multitude that kept holyday…Deep calleth unto deep at the noise of thy waterspouts: all thy waves and thy billows are gone over me…As with a sword in my bones, mine enemies reproach me; while they say daily unto me, ‘Where is thy God?'”. Psalms 42: 4, 7 and 10

Posted in Uncategorized | Leave a comment

An Education Bureaucrat and J.P. Morgan Banker May Have Something in Common

:

 
 

It has been so eye-opening seeing Dr. Iyengar on The Call  today.  After watching Charlie Rose  and Bloomberg Rewind  pre-taped interviews with Diane R. (education bureaucrat/author) and Mr. Kelly from J.P. Morgan, Dr. Iyengar is uplifting and refreshing.  Her book Choices  must be fantastic because she imparts a cool wisdom and intelligence that Diane R. and Mr. Kelly may lack.

 
 

 
 

JOHN RUBENS

jrlg323@earthlink.net

Posted in Uncategorized | Leave a comment