BY FROMA HARROP A big chunk of rock went missing from Mount Rushmore when Paul Volcker broke away in 2008 to stand stony-faced behind candidate Barack Obama. The former Federal Reserve chairman served as a reassuring presence from an older, more orderly financial era that had been sacrificed on the altar of deregulation. Volcker has since written the “Volcker rule,” a formula for preventing another near-collapse of our financial system and accompanying government bailout. Not […]
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