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Volcker Rule changes what a bank is, Bove says

Published February 5, 2010 at 3:36 PM
Rochdale Securities analyst Richard Bove speaks with The Deal's Mary Kathleen Flynn about how the Volcker Rule changes the definition of a bank. Bove says this is a bad thing because it creates companies funded with highly liquid assets, which leaves them prone to failure. For more check out The Deal magazine cover story "What is a bank?" Watch the video below or download it at iTunes. - Maria Woehr

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