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Current DateTime: 11:31:26 05 May 2011LinksList Documentid: 38910464Expiration DateTime: 5/5/2011 11:33:44 AM
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American International Group IPO: Treasury at Odds With Banks on Pricing of AIG Offering
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The Real Reason Goldman Should be Freaking Out About the Volcker Rule in One Word
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Goldman Sachs Is 'Totally Freaked Out' by the Volcker Rule
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Current DateTime: 10:59:41 05 May 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 10:59:41 05 May 2011LinksList Documentid: 38852222John Carney
Runs this joint.
Cadie Thompson
Really, really runs this joint.
Kate Kelly
Reports on the major Wall Street firms, trading, and regulation.
Jeff Cox
A staff writer with CNBC.com, covering the gamut of issues affecting the stock market and the economy.
Lori Spechler
A Senior Editor at CNBC, commodity trader in a former life.
Lori Ann LaRocco
A Senior Talent Producer at CNBC.
Nicole Lapin
Runs the graveyard.
Current DateTime: 11:31:26 05 May 2011LinksList Documentid: 38910635Expiration DateTime: 5/5/2011 11:33:35 AM
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setDefault('cnbc_textbody');The Real Reason Goldman Should be Freaking Out About the Volcker Rule in One Word Published:
Thursday, 5 May 2011 | 11:00 AM ET Text Size By: Katya Wachtel, Business Insider
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Getty ImagesWhy should Goldman Sachs be "freaked out" by the Volcker Rule, and lobbying hard to debilitate it?
One word: Glencore.
It turns out that contrary to prior statements by Goldman top brass, the bank is actually a little freaked out by the Volcker Rule.
The firm has been spending millions to sway lawmakers in Washington against severe interpretations of the new regulation, and has assembled an all-star team to do so. Even Blankfein is getting in on the lobbying action.
And it makes sense.
For both Goldman
Read Full Article »
