Can Rajan like Volcker did, bring inflation under control by raising interest rates? Or can he just keep sending signals to the government by raising interest rates to get its house in order, so that inflation can be brought under control? #RBI#Interest rates#US Fed#Raghuram Rajan#Paul Volcker
It is unclear if regulators will seek CEO imprisonment or hefty fines as potential penalties for violating the Volcker rule. Whatever regulators might put in place, fines would be a far more likely punishment if any are ever doled out, banking lawyers said.
#NewsTracker#JPMorgan Chase & Co.#Goldman Sachs#Paul Volcker
The international drug control regime is broken. Past approaches premised on a punitive law enforcement paradigm have failed, emphatically so. They have resulted in more violence, larger prison populations, and the erosion of governance around the wo... #Kofi Annan#Paul Volcker#Ernesto Zedillo