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Examples
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Obama is clearly tossing the loyalist Paul Volker under the bus in Volker's quest to break up the big banks and bring back the Glass Steagall Act; the dismantling of which blew up the world economy 10 years later.
Lawrence G. McDonald: Weekly Market Wrap From Inside Wall Street 2010
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The huge irony here is that it was Volker's own grandson that engineered the specific mortgage backed securities tranche structures that caused this whole mess.
"Options theory is kind of deep in some way. It was very elegant; it had the quality of physics." Ann Althouse 2009
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The investment banks, using Volker's grandson's basic financial engineering, learned that if they structured the tranches of the security pool just so, that they could get AAA ratings from the ratings agencies.
"Options theory is kind of deep in some way. It was very elegant; it had the quality of physics." Ann Althouse 2009
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And when Volker's grandson said he was only doing what he was told, it has been widely reported that Volker said, "I don't accept the Nuremberg defense."
"Options theory is kind of deep in some way. It was very elegant; it had the quality of physics." Ann Althouse 2009
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Volker's been out of Washington for a while, and as one observer puts it: He's "like a criminal returning to the scene of the crime."
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Let's also not forget that Reagan put his full support behind Volker's painful measures to reduce inflation, despite the political fall-out for him during the deep recession that followed.
Gas Prices Are Up, but We Don’t Have Price Controls - The Austrian Economists 2008
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Keys said Volker's statement could not hide the fact that the voters saw the DP not only as an effective opposition, but increasingly as the alternative to the ANC.
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However, Volker's number two man, Martin, has made similar statements and theses which can already be observed among the ranks of imperialism's spokesmen: Those theses are coming closer to the thesis we have proposed.
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Under the strong dollar policies of the Reagan Administration and Paul Volker's leadership at the Federal Reserve, the price of oil fell from an average of $38 in 1980 to $20 in 1989.
Forbes.com: News Charles Kadlec 2011
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Old rules don't apply - this is not Paul Volker's 1980s crisis nor is it like post-Great Recession.
Forbes.com: News Christine Crandell 2011
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