Too big to fail and the Volcker Rule faces fresh challenges


READERS still ask: What’s this Volcker Rule we hear so often these days?

I wrote about it in this column: “Whatever Volcker Wants, Volcker Gets?” on Feb 13, 2010 not long after it was first proposed. It took the US Congress close to four years to make it operational. Even so, it remains controversial. I sense there is widespread interest and concern about Too big to fail. So, here goes.

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