President Obama with Paul Volcker at the White House in 2009. Volcker, who headed the President's Economic Recovery Advisory Board, lent his name to a new rule aimed at curbing risk-taking on Wall Street.
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December 10, 2013 The Volcker rule, a key part of the 2010 Dodd-Frank financial law, prevents banks from using government-insured money to make speculative bets.
October 1, 2012 The suit relates to the securities sold by Bear Stearns, which collapsed in 2008 and is now owned by JPMorgan. It's the suit first to be filed under the auspices of the RMBS Working Group, set up by President Obama to investigate and prosecute alleged misconduct that contributed to the financial crisis.
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Sept. 15, 2008, in London: The news of Lehman's bankruptcy hits.
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April 27, 2012 Critics say the compensation packages underscore how dangerously out of touch Wall Street was in the years leading up to the financial crisis and Great Recession.
November 30, 2011 By adding "liquidity" to the world's markets, the central banks aim to keep credit flowing.
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May 31, 2010 Is student debt the next financial shoe to drop?
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