Former Fed Chair Paul Volcker told Newsweek and CNN's Fareed Zakaria that the country needs financial regulatory reform so that the government can step in and euthanize ("not save them") financial institutions that are a danger to the overall system. Volcker also discussed how he fought inflation as Fed chair, and what might be done now to fight it. Watch him in the first part of Zakaria's GPS Podcast:
Posted
02-16-2010 10:14 AM
by
Graham Griffith