A senior banker put it to me more bluntly: “I can find a way to say that virtually any trade we make is somehow related to serving one of our clients. They can go ahead and impose the rule on Friday, and I can assure you that by Monday, we’ll find a way around it. Nothing will change unless the definition is ironclad.”

Andrew Ross Sorkin, Deal Book Colummnist. New York Times article "Bankers in Davos Seek a United Message on Volcker Rule". February 1, 2010

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