Paul Volcker on Greedy Bankers, the Ryan Plan, and the Fed

In the end, it only really can be fixed by behavior in the marketplace, by which these rewards wouldn't be justified. I think part of the problem, to be a little bit personal, is this proprietary trading instinct, which gives rise to a very aggressive kind of behavior in an effort to make a killing for yourself as well as the company. It spreads through the institution, and people say, "Well, why don't I have that same kind of opportunity?"''