Monday, December 16, 2013

Volcker’s Market Making Mayhem and The Fed’s Money for Nothing


JP Morgan is cutting another check to the Justice Department, this time for the troubles of Bernie Madoff. We’ll tell you all about it.
Plus, this week five financial regulatory agencies approved “The Volcker Rule.” Erin speaks with Bart Naylor, Financial Policy Advocate at Public Citizen, about what made crafting the rule so difficult.
Also “When you or I print money it’s called counterfeiting,” that’s a direct quote Jim Bruce’s new film “Money For Nothing” ( www.MoneyForNothingTheMovie.org ). The director joins us today form our LA studios to discuss his ‘Fed-Flick.’
Finally, wouldn’t it be nice if real-life shopping was more like online shopping? Well, one start-up is trying to make that a reality. Rachel Kurzius and Erin will tell you all about it in today’s Big Deal.
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