volcker

For 30 years, Paul Volcker, the former chairman of the Federal Reserve, hasn't concealed his distaste for money market mutual funds. As chairman of President Obama's Economic Recovery Advisory Board, he may finally have the power he needs to impose regulations on money market funds that would make...

About six months ago, Financial Times Columnist Martin Wolf predicted that the current recession would not be a normal one, and that it would test the U.S.'s social safety net. More than 5.7 million lost jobs later, Wolf's prediction regarding the recession's uniqueness is looking (unfortunately...

When a casual observer of economics and the markets makes a comment, that's something that investors can take with a grain of salt. But when one of the economic world's heavyweights speaks, investors need to listen. Former U.S. Federal Reserve Chairman Paul Volcker, speaking this past weekend at a...

Yet another of the financial world's exemplars has come out in favor of a two-tier banking system in the United States. Former U.S. Federal Reserve Chairman Paul Volcker said commercial banks should be separated from investment banks to avoid another crisis like the one the United States and the...