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	<title>BU Now &#187; investment</title>
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		<title>Volker&#8217;s return to influence</title>
		<link>http://blogs.bu.edu/bunow/2010/01/22/volkers-return-to-influence/</link>
		<comments>http://blogs.bu.edu/bunow/2010/01/22/volkers-return-to-influence/#comments</comments>
		<pubDate>Fri, 22 Jan 2010 14:31:14 +0000</pubDate>
		<dc:creator>Dick Taffe</dc:creator>
				<category><![CDATA[Professor Voices]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[investment]]></category>

		<guid isPermaLink="false">http://blogs.bu.edu/bunow/?p=4153</guid>
		<description><![CDATA[Paul Volker appears to be regaining influence in Washington as President Obama enbraces the former Federal Reserve chairman&#8217;s plan to keep banks from engaging in risky investment speculation.  Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and a former counsel to the Fed Board of Governors, says it&#8217;s about [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-thumbnail wp-image-4155" src="http://blogs.bu.edu/bunow/files/2010/01/Volker-150x150.jpg" alt="USA/" width="120" height="120" />Paul Volker appears to be <a title="regaining influence" href="http://www.washingtonpost.com/wp-dyn/content/article/2010/01/21/AR2010012104935.html?hpid=topnews" target="_blank">regaining influence </a>in Washington as President Obama enbraces the former Federal Reserve chairman&#8217;s plan to keep banks from engaging in risky investment speculation.  Law Professor <a title="Cornelius Hurley" href="http://www.bu.edu/law/faculty/profiles/bios/banking/hurley.html" target="_blank">Cornelius Hurley</a>, director of the <a title="Morin Center for Banking and Financial Law" href="http://www.bu.edu/law/morincenter/" target="_blank">Morin Center for Banking and Financial Law</a> and a former counsel to the Fed Board of Governors, says it&#8217;s about time.</p>
<p><em>&#8220;Obama’s listening to Paul Volcker is long overdue.  This is a hopeful sign of sounder proposals to come from the Administration on financial and economic matters.&#8221;</em></p>
<p>Contact Cornelius Hurley, 617-353-5427, <a href="mailto:ckhurley@bu.edu">ckhurley@bu.edu</a></p>
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