Tag Archive | "volcker rule"

Marx on 'too big to fail' banks

Marx on ‘too big to fail’ banks

MEDIA RELEASE Bob Marx says banks must be broken up to increase competition and prevent future taxpayer funded bailouts from occurring. Marx, Democratic Candidate and small business owner in Hilo, Hawaii, Monday called on Congress to pass legislation to decentralize control of the country’s financial institutions. The announcement that JP Morgan Chase had a $2 […]

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Senators: Implement Volcker Rule without delay

Senators: Implement Volcker Rule without delay

MEDIA RELEASE Sens. Daniel K. Akaka and Daniel K. Inouye joined a group of 22 Senators this week calling on regulators to write and implement a strong Volcker Rule free of loopholes and draw clear lines between large hedge-fund like trading and traditional banking. In a letter to Federal Reserve Chairman Ben Bernanke and other […]

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