Regulator approves overhaul of ‘Volcker Rule,’ which restricts risky bank moves

Not exactly sure what simplify means here. Either banks with deposited money lend it out (as they’re supposed to) or do something else with it, like short selling or buy oil. Cramer called the investment bankers out on it back in 2002.

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I don’t know what it means either. Guess we’ll find out.

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