Barney Frank actually said...

I think the amount of time we are talking about is not too long, given the importance of this and of doing it right.

Frank defends the timeline for the Volcker Rule implementation.

12/12/2012

More Barney Frank Quotes

I do think that the complexity issue of the Volcker Rule and the push-outs help.

People have a right to say what they want, but that is, I think, an inaccurate, self-fulfilling prophecy about what will happen.

I do think there is room for subtlety in that, but I don't think Glass-Steagall does it.

The incentive became to make a quantity of loans and not quality.