Detailed text transcripts for TV channel - MSNBC - 20120318:12:07:00
Talked about culture changes. oftentimes culture changes in response to the actual conditions of the business, would that rule change a business enough that the culture swro to follow? >> yeah. i think there's -- will's something to that. the extent to which the banks can evade the volcker rule still very much an open question. i mean, they -- you know, people on wall street screamed about the fact that the rule reflected this misunderstanding between, you know, what the firm does and a lot of what appears to be trading and appears to be betting for their own book is market making and it is wh...
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