Michael S. Barr: “The Volcker Rule is really designed to try and separate out different kinds of risk in the financial system.”

We are playing right into China's strategy.

I do not want to live through it again.

I can say the banking system is sound and resilient. I think that was really the right thing to do.

I want to know what the bank executives were doing in the months, weeks, and days leading up to this failure.