Volcker Rule: Wall Street Elders Throw Support Behind Former Fed Chief's Bank Reforms

Wall Street Elder Statesmen Favor a Return to Tighter Regulation

Put aside for a moment the populist pressure to regulate banking and trading. Ask the elder statesmen of these industries -- giants like George Soros, Nicholas F. Brady, John S. Reed, William H. Donaldson and John C. Bogle -- where they stand on regulation, and they will bowl you over with their populism.

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