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Banks Exploit Loophole in Volcker Rule with Longer-Term Bets

by | Nov 11, 2010 | Towing

Investment banks are working around new regulations restricting them from putting their own capital into short-term investments: The Wall Street institutions are sidestepping the Volcker Rule by making direct purchases of secur…

FT/Goldman Sachs Book Awards Celebrate Reading in a Digital Age

by | Oct 28, 2010 | Towing

Fault Lines: How Hidden Fractures Still Threaten the World Economy, by Raghuram G. Rajan, took home the honors at the Financial Times/Goldman Sachs business book of the year award. Keynote speaker Vartan Gregorian delivered a r…

Is Immigration Bad for the Economy? Many People Say Yes

by | Sep 12, 2010 | Towing

A new Financial Times/Harris poll finds that many people in the U.S. and Europe believe immigration — not just illegal immigration — has a negative impact on the economy, jobs and public services.
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