Polls support Volcker Rule

[cal04]

Commentary: Voters want an end to proprietary trading by banks
http://www.marketwatch.com/story/volcker-rule-dead-not-so-fast-2010-02-19

You've heard of zombie banks, how about zombie bank reform?

The legislation in question is the so-called Volcker Rule, the president's proposed limit on bank activities. After all but being thrown off Capitol Hill, Paul Volcker's plan to cut proprietary trading, hedge funds and private equity out of banks appeared nearly dead.

Sen. Richard Shelby, R-Ala., might want to take note: people like the Volcker Rule.

A poll released Friday shows 68% of respondents said they support proposals to separate these businesses from banks. The poll, conducted by the CFA Institute of its members, also found that 58% of respondents support measures to rein in banks considered too big to fail. See CFA poll results (PDF file).

http://www.cfainstitute.org/centre/news/surveys/pdf/regulatory_reforms.pdf

[yurbud]

1. lets call it a matter of economic national security

[yellowcanine]

2. Oh I thought from the title it meant make Volcker the dictator.