Does former Federal Reserve Chairman Paul A. Volcker know the difference between private equity firms and hedge funds?
Wall Street's largest dealers eased credit terms during the spring to hedge funds and private equity firms that borrow against securities and trade over-the-counter derivatives, the Federal Reserve reports. Read Post
At the heart of Obama's new regulatory proposal is the 'Volcker Rule.' Named for Paul Volcker, the new rule would bar banks from owning or investing in or sponsoring hedge funds, private equity funds or proprietary trading operation... Read Post