Andrew White

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Andrew White
Research VP
8 years at Gartner
22 years IT industry

Andrew White is a research vice president and agenda manager for MDM and Analytics at Gartner. His main research focus is master data management (MDM) and the drill-down topic of creating the "single view of the product" using MDM of product data. He was co-chair… Read Full Bio

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Volcker Rule will Do the Opposite of What it was designed to do (additional notes)

by Andrew White  |  January 6, 2014  |  1 Comment

I blogged in early December on this recently: Unitented Consquences – or How Government Regulation will Reduce Risk and (so) Slow (economic) Growth.    It seems the Economist has the same ideas.

More on how the newly passed Volcker Rule will undermine the very goals it purports to reach.  I noted in the Economist, US print edition, Dec 14-20, leader, “The Volcker Rule: Hedge Trimming“.  “The result will be less liquid markets, higher transaction costs, a weaker financial system and, as usual, richer lawyers.”  So even income inequality will be skewed even further!  Well done, guys!

1 Comment »

Category: Banking Regulation Big Government Economic Growth Economy Volcker Rule     Tags:

1 response so far ↓

  • 1 Arian Evans   January 8, 2014 at 11:55 am

    Thanks for posting this. I hadn’t had time to read details on the “new” Volker rule. At least the decisions out of DC are consistent, these days. :/