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#180 Planet Money: Is The Joyride On Wall Street Really Over?

#180 Planet Money: Is The Joyride On Wall Street Really Over?

Planet Money vor 16 Jahren

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"When this bill becomes law, the joyride on Wall Street will come to a screeching halt," Harry Reid said last week, after the Senate passed its big finance reform bill.

Today on Planet Money, we dig into the "Volcker Rule" -- the bill's ostensible ban on banks trading with their own money. And we look at the question:

Will the joyride really come to a screeching halt? And would it be a good thing if it did?