"A rule that bans all gambles will end up banning some hedges, and a rule that allows all hedges will end up allowing some gambles."
Saturday, December 7, 2013
Those pesky rules.........................
Matt Yglesias looks at the Volcker Rule. One could conclude that governing regulating is a messy business. Full post here. Wee excerpt here
"A rule that bans all gambles will end up banning some hedges, and a rule that allows all hedges will end up allowing some gambles."
"A rule that bans all gambles will end up banning some hedges, and a rule that allows all hedges will end up allowing some gambles."
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment