The President Can Only Read One Page (Line from US TV Series The West Essay - 1

The President Can Only Read One Page (Line from US TV Series The West Wing) - Essay ExampleYoull remember this was a major issue during the financial crisis as Goldman Sachs was advising clients on investments, while making investments that ran counter to the very equities they were recommending. This is bad for us because it limits our activities and the amount of revenue we can transport in. There are a number of potential arguments you can adopt. One perspective contends that just because Goldman Sachs was morally bankrupt doesnt mean that the entire industry needs to suffer (Sec pitches budget, 2012). Another perspective argues that implementing the Volcker Rule will unnecessarily restrict banking and investment in the United States. Additionally, individuals have argued that if this regulation passed it would distress the banks abilities to compete internationally (Patterson, 2012). While these are strong arguments, it may also be more effective by arguing that its passage sh ould be retard and reconsidered (Dodd-frank criticism roundup, 2012).Dodd-frank act - sec. (2012). Retrieved from http//www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0CGsQFjAB&url=http//www.sec.gov/about/laws/wallstreetreform-cpa.pdf&ei=q1NuT-_7Oebj0QGpwoW3Bg&usg=AFQjCNGj12VcoYHuakKquosc4ObHaJE_bw&sig2=lJrCl2Tt00CivlDZYr9gtwKhimm, S. (2012). Banks preemptive strike against dodd-frank. Retrieved from