(EnergyAsia, January 29 2010, Friday) — US President Barrack Obama’s economic recovery adviser Paul Volcker has argued that risky financial activities including commodity derivative trading should be left to hedge funds while banks should be barred from them altogether. Speaking at a recent business conference in the UK, he said banks should stick to providing…
MARKETS: Volcker says banks should be barred from risky financial activities
Posted on January 28, 2010 by EnergyAsia