September 17, 2009

Can Wall Street find a balance between risk and prudence? — Andrew Ross Sorkin

“Extensive participation in the impersonal, transaction- oriented capital market does not seem to me an intrinsic part of commercial banking,” Paul Volcker tells an audience in Los Angles. “Substantial involvement in heavily leveraged finance and heavy proprietary trading almost inevitably entails risks.” — Bloomberg

Volcker on macro policies and central banking — Economist’s View

Can we make financial innovation safe? — Peter Coy

Price sensitivity can have a significant impact on obesity. — Neil Gandal

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