Volcker Rule changes what a bank is, Bove says
Uploaded on Feb 08, 2010 / 10 views / 13 impressions / 0 comments
Description
Rochdale Securities analyst Richard Bove speaks with The Deal's
Mary Kathleen Flynn about how the Volcker Rule changes the
definition of a bank. Bove says this is a bad thing because it
creates companies funded with highly liquid assets, which leaves
them prone to failure. For more check out The Deal magazine cover
story "What is a bank?" Watch the video below or download it at
iTunes. - Maria Woehr