Obama Admin: JPMorgan Debacle Will ‘Inform’ Changes To Volcker Rule | Talking Points Memo

The Obama administration will likely tighten rules to prevent federally insured banks from speculating with their money after financial giant JPMorgan lost billions of dollars — and continues to bleed money — on a risky bet intended to pad the firm’s profits.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=156201