Volcker Is All Talk

I am still astonished that many believe what Paul Volcker said last week will make any headway on Wall Street.

online.wsj.com/article/SB125313031639216991.html

Let me be on the record that I believe 100% in what Mr. Volcker has to say. Its just all pipe dreams as I have previously stated. Its just not easily implemented.

tradersutra.blogspot.com/2009/09/volcker-doesnt-get-point.html

Wall Street and the financials are just so big and complex that any type of deleveraging is not going to happen. It will be the forced deleveraging that will bring down the banks.

We have more and more people who are applauding Mr. Volcker, but its all talk at the moment. Financial reform is not happening anytime soon.

We will need another epic collapse to get the right reforms, but will it matter in the end? All will already be lost.

www.senseoncents.com/2009/09/volcker-launches-bombshell-on-wall-street-and-washington