My experience has been over the years, as we have this debate and discussion about what is proprietary trading and how you define it and limit it, that there is probably some 22-year-old sitting in the bowels of some institution that has already figured six ways to get around anything we can write here.
Reflecting on the challenges of regulating proprietary trading effectively.
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But, whether such a temptation is motivated by a noble desire to speed up the legislative process or by pure political expedience, I believe such changes would be unwise. To my fellow Senators who have never served a day in the minority, I…
President Clinton, to his eternal credit in my view, just does not quit on this issue.
The truth is that the catastrophe was years in the making caused by regulatory negligence and Wall Street gambling.
Rosa, go get yourself well. Your job is here. Your salary is here. Just take care of yourself.
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