[Occupymendocino] Somebody pulled Volcker's teeth.

[Mark Safron]

They say the devil is in the details. Regarding the Volcker Rule, the devil is in the details of its abundant exemptions. These include a laundry list of practices and businesses that mega-banks have performed under one roof, since the 1999 repeal of Glass-Steagall, as well as the myriad perks they won along the way to that power-consolidating event.

http://www.truthdig.com/report/item/volcker_rule_made_meaningless_by_abundant_exemptions_20131218




-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://lists.mcn.org/pipermail/occupymendocino/attachments/20131221/1f0f6cbb/attachment.html