ProprietaryTrading

Why You Should Care
About the Volcker Rule

This week, the government took a big first step toward shutting down the Can't Lose Room in the Wall Street Casino. It's now one comment period away from enacting the Volcker Rule, which limits the kinds of risky investments banks can make with money insured by the U.S. taxpayer.

New Record for Goldman

Goldman Sachs has disclosed that it had 131 trading days last year in which it made at least $100 million in net trading revenue -- a new record for the bank.