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  1. Rethinking Occupy Wall Street

    I thought of Alexis Goldstein as just another disgruntled employee from the world of finance, but she's not. She had worked for Morgan Stanley, Deutsche Bank, and elsewhere, and is now a member of the Occupy Wall Street movement. Ms Goldstein shares ...

    19 comments - 1 silver bananas - May 15 2012 - 5:45am -

  2. Damn, it doesn’t feel good to be a trader

    For decades, traders have been the highest paid dudes on Wall Street. Deep six-figure bonuses were once de rigueur for the mere mortals while the full-fledged masters of the universe easily went on to eclipse their CEOs and rack up eight-figure bonuses as ...

    30 comments - 0 silver bananas - Sep 26 2011 - 8:00pm -

  3. Volcker Rule Against the Ropes

    I guess it was a just a matter of time (and hundreds of millions of lobbying dollars), but now that the laser focus on banker misdeeds seems to be waning, lawmakers are signalling their willingness to dump the Volcker Rule forbidding prop trading at inves ...

    15 comments - 0 silver bananas - Mar 27 2012 - 6:45am -

  4. The Volcker Rule- how much was prop trading really to blame?

          I'm sure you've all heard of the Dodd-Frank Reform Act and more importantly, the Volcker Rule that's a part of it. So, I'd like to get some thoughts from people who believe the Volcker rule will go some ways in pre ...

    34 comments - 0 silver bananas - Mar 29 2011 - 8:08pm -

  5. A New Witch Hunt...or is it?

    After three plus years of snooping around, it seems that the Federal government is ready to blow the lid off insider trading wink-and-nudge practices at some of Wall Street's biggest name institutions. The key surrounds passing of nonpublic informati ...

    15 comments - 0 silver bananas - Nov 20 2010 - 3:20pm -

  6. Volcker rule- Will it apply to prop shops and HF?

          will the rule apply to prop shops and hedge funds volcker rule ...

    7 comments - 0 silver bananas - Apr 24 2016 - 3:15pm -

  7. Glencore: Goldman's worst nightmare?

    Interesting article on business insider about how Goldman is freaked out about the Volcker rule. Specifically, they're scared of Glencore and the threat it poses to their commodities business. Goldman is one of the 3 big BB commodities players, along ...

    27 comments - 0 silver bananas - May 5 2011 - 9:23pm -

  8. Financial reform bill will destroy big banks

    If this financial bill passes in its current form, the bulge bracket banks are basically f*cked. The Volcker rule would prevent banks from engaging in prop trading or investing in hedge funds and PE firms. JP Morgan is already planning to sell Highbridge. ...

    63 comments - 0 silver bananas - Apr 20 2010 - 8:09pm -

  9. Shia LeBeouf: World's Greatest Trader

    With all the new financial rules and regulations, ideas such as "honesty" and "fairness" have forcibly been added to the dog-eat-dog mixture of markets. This creates a potential hale storm of falling pianos as to what can be viewed as ...

    11 comments - 0 silver bananas - Sep 25 2010 - 10:53am -

  10. Financial bill will be a lot tougher than expected

    Everyone on CNBC and the other business media outlets are talking about how shocked wall street is with the ongoing reconciliation hearings in congress. Instead of the financial bill becoming softer and more sensible, it has instead become more strident a ...

    16 comments - 0 silver bananas - Jun 11 2010 - 10:04am -

  11. The Volcker Rule and FX

          This is targeted to salesman and traders already working at a bank. So the volcker rule bans prop trading of "financial instruments" in investment banks and elaborates on its definition of a financial instrument. It then lis ...

    4 comments - 0 silver bananas - Dec 10 2013 - 11:01pm -

  12. Hedge Funds profit from Volcker

    As the populist bore that is financial regulation continues to trudge along, we have early results of predictions most of us made months ago. As proprietary trading by the major investment banks winds down, hedge funds are set to pounce on the available g ...

    5 comments - 0 silver bananas - Aug 9 2010 - 11:57am -

  13. Have banks gotten rid of their prop desks yet?

          There's been discussions on this but all of them are pretty dated now. Have the bulge bracket banks already gotten rid of their prop desks? Or have they figured out a way to skirt around the Volcker rule? volcker rule ...

    4 comments - 0 silver bananas - Feb 18 2013 - 8:10pm -

  14. Down With Dodd and Volcker

          Jeb! Hensarling, the chairman of the House Financial Services Committee is working on a plan to take out key aspects of Dodd-Frank and Volcker Rule. The name of the plan is The Financial CHOICE Act. (Creating Hope and Opportunities fo ...

    0 comments - 2 silver bananas - Jun 14 2016 - 5:08pm -

  15. Volcker Rule and BB prop desks

    It looks like the Volcker Rule, that bans banks from engaging in proprietary trading, will most likely pass. Last night, I was talking to a guy at a major BB in NYC, who is an expert on the financial regulations and has testified numerous times before the ...

    5 comments - 0 silver bananas - May 28 2010 - 11:07am -

  16. What Is The Volcker Rule?

    The Volcker Rule is a subsection of the Dodd-Frank act (named after former Fed Chairman Paul Volcker), which attempts to limit the risky, speculative trading activities of hedge funds and investment banks. The Volcker Rule limits banks to only investing 3 ...

    0 comments - silver bananas - Apr 23 2012 - 9:48am -

  17. Which hedge funds are poaching the top sell-side traders?

          A lot of prop traders at bulge bracket banks are either being assigned to asset management divisions or leaving sell-side altogether to work at hedge funds. Which firms are aggressively hiring sell-side traders? I heard that Moore cap ...

    4 comments - 0 silver bananas - Sep 3 2010 - 12:06am -

  18. YOU CAN DROP THE MATH BOOKS NOW

          Millionari playboy prop dreams are over son... http://blogs.barrons.com/stockstowatchtoday/2010/0... trading-shut-down/?mod=rss_BOLBlog Prop trading prop JPMorgan close volcker rule ...

    4 comments - 0 silver bananas - Sep 1 2010 - 12:19am -

  19. The Volcker Rule will suffer death by committee

    From Sen Dodd's senate financial reform bill: 1 SEC. 989. GOVERNMENT ACCOUNTABILITY OFFICE STUDY 2 ON PROPRIETARY TRADING. 3 (a) DEFINITIONS.--In this section-- 4 (1) the term ''covered entity'' means-- 5 (A) an insured depository ...

    4 comments - 0 silver bananas - Apr 22 2010 - 9:19pm -

  20. Bruno Iksil: Lord Voldemort

    JPM 's Bruno Iksil is cooking up a storm over the large credit derivative positions he's taking. Some say his bets violate the Volcker rule and are shifting the entire index. Bloomberg: The trader became such a big client of credit-derivatives d ...

    3 comments - 0 silver bananas - Apr 10 2012 - 4:45am -

  21. Volcker Rule and Dodd Frank effect on comp

          What is the effect of the Volcker Rule and Dodd Frank on the expected future cash flows of a career in bulge bracket trading? Please explain to me which desks are most effected by the new regulations and what is the compensation outlo ...

    2 comments - 0 silver bananas - Feb 23 2014 - 2:56pm -

  22. Not Too Big to Fail

    On the surface, the Volcker rule makes sense. The government should not let the banks run free, doing whatever they wish to do, endangering other people's money with risky proprietary trades that are made with the expectation that they, the federal g ...

    2 comments - 1 silver bananas - May 4 2012 - 8:51am -

  23. The Proprietary Shuffle

    How will the dreaded Volcker rule really effect the proprietary trading of banks on The Street? For going on two years now, we've heard nothing but how irresponsible traders have landed America in a pool of sludge along with the wee baby turtles. &qu ...

    2 comments - 0 silver bananas - Jul 6 2010 - 1:16pm -

  24. How Reform Is a Big Win for the Street (Part 2 of 2)

    Sorry for the delay on this one, guys. Yesterday was pretty nuts. As promised, here are the ways I think Wall Street will benefit from the coming reforms and actually emerge stronger. But first, this all hinges on the assumption that the reform is based o ...

    2 comments - 0 silver bananas - Apr 30 2010 - 6:43am -

  25. Volcker Rule- Impact on non US banks

          hi with this advanced stricter volcker rule any one able ot tell me what might be the impact in the prop business of the non US banks. is trading on sell side going to become extremely boring and shitty? volcker rule ...

    1 comment - 0 silver bananas - Dec 10 2013 - 11:36am -

  26. Volcker Rule Clarification

          So I understand that the Volcker Rule restricts banks from prop trading with FDIC insured capital/deposits (HF, Private Equity, etc.), but what if a bank uses non-deposit money? For example, capital raised from its own equity or debt, ...

    1 comment - 0 silver bananas - May 22 2013 - 1:53am -

  27. Volcker Rule- Satellite Offices

          Hey, I just had a quick question regarding how the Volcker rule will affect satellite offices of foreign banks. Take for example Morgan Stanley who is a bank holding company in the US. Would their HK/International offices be restricte ...

    0 comments - 0 silver bananas - Jul 28 2010 - 9:28pm -

  28. Are BB trading desks in a hiring freeze due to fin. regulation bill?

    We now know for a fact that a tough version of the Volcker rule will pass. And it looks like the Lincoln Amendment will pass as well, although the senator has offered to soften some of its earlier provisions. From talking to several people at BB trading d ...

    0 comments - 0 silver bananas - Jun 15 2010 - 2:25pm -

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