Why Volcker Rule Compliance Is a Fool’s Errand

American Banker
October 1, 2014

In 1991, I had the privilege of serving as a Russian interpreter for Paul Volcker, Henry Kissinger and Russia’s foreign secretary at a Federal Reserve dinner hosting Boris Yeltsin, the then-president of the Republic of Russia. As a new member of the Federal Reserve Bank of New York’s foreign exchange group, it was the first opportunity that I had to witness Volcker’s incredibly brilliant mind at work…Read More

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