Relevant:
- Time Short for Goldman, Morgan Stanley to Exit Billions in Funds
- Under Volcker, Old Dividing Line in Banks May Return
- Secret Goldman Team Sidesteps Volcker After Blankfein Vow - Bloomberg
- Goldman lobbying hard to weaken Volcker rule
- Paul Ryan Appears to Endorse Volcker Rule, Other Reforms He Usually Opposes
2010-02-12 — ft.com
"One of the more beguiling aspects of the detail-lite Volcker rule, as unveiled by President Obama late last month, was the notion that Goldman Sachs and Morgan Stanley could side-step all of the more draconian aspects of this regulatory clampdown by simply tearing up their puny deposit-taking licenses."
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