On the recordSeptember 29, 2010
Only Congress could come up with a situation like this where you have to give your recommendations about implementation of the rule.
Said by
Evan Bayh
Source
congress.govOnly Congress could come up with a situation like this where you have to give your recommendations about implementation of the rule.
Bayh criticizes the complexity of the Volcker Rule implementation process.
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And the more protracted this foreclosure problem, the more that delays recovery.
Well, and if they have to be focused on capital preservation, then obviously they are not lending, and that is yet another drag upon the recovery, isn't it?