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Implications of the “Volcker Rules” for Financial Stability
5 Feb 2010, 6:05 am by Hal Scott, Harvard Law School,
Quite frankly, I do not think a taxpayer would feel better about rescuing a bank that made risky loans than he would rescuing a bank that engaged in less traditional risky activity. [read post]
The Harvard Law School Corporate Governance Blog - http://blogs.law.harvard.edu/corpgov