Re: Guau!!!! Paul Volcker again near the top
To download the list of recommendations from the Group of 30, click here.
Key Obama adviser Paul Volcker is the lead author of new and radical economic plan that would effectively alter the global financial structure.
The plan contains 18 major recommendations that would give regulators more power over financial institutions than they have ever had before, including creating new laws to regulate financial derivatives, limit the size of banks, set guidelines for executive pay, and regulate hedge funds.
The report — entitled "Financial Reform: A Framework for Financial Stability" — was issued by the Group of 30, which Volcker heads.
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The plan contains 18 major recommendations that would give regulators more power over financial institutions than they have ever had before, including creating new laws to regulate financial derivatives, limit the size of banks, set guidelines for executive pay, and regulate hedge funds.
The report — entitled "Financial Reform: A Framework for Financial Stability" — was issued by the Group of 30, which Volcker heads.
source
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