Arbitration & Mediation

"Politics is the art of saying 'we made it tougher' without making it really tough.

By Victoria Pynchon

Volcker Rule under Attack as Lawmakers Seek Loophole:  full analysis from Bloomberg at the link; double-speak excerpt below.

'There's pressure from both sides to toughen and to soften the Volcker rule, and politics is the art of compromise,' said Lawrence Kaplan, an attorney at Paul Hastings Janofsky & Walker LLP in Washington. 'Running a hedge fund wasn't the problem, and this way they're saying all of it wasn't bad, you just can't use too much of your capital on it. Politics is the art of saying ‘we made it tougher' without making it really tough.'

Thanks to the dynamic and brilliant Judy Martin for hipping me to this.  I think I need investment guru Whitney Johnson to explain it to me.

Ladies????  Or anyone else who'd care to explain the Volcker Bill to me, please chime in!

Full post as published by Settle It Now Negotiation Blog on June 24, 2010 (boomark / email).