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30
Group of Thirty 
FINANCIAL REFORM
 
A Framework for Financial Stability
Embargoed for release at 11:00am EST on January 15, 2009
 
About the Authors The views expressed in this paper are those of the Working Group on  Financial Reform and do not necessarily represent the views of all of the individual members of the Group of Thirty.ISBN I-56708-146-0 Copies of this report are available for $49 from: The Group of Thirty 1726 M Street, N.W., Suite 200 Washington, D.C. 20036 Tel: (202) 331-2472 Fax: (202) 785-9423 www.group30.org email:info@group30.org 
 
FINANCIAL REFORM
 
A Framework for Financial Stability
30
Group of Thirty 

Volker Recommendations

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ritholtz

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mchaweleft a comment

Totally agree with Canbyte and Joe 6pack. These are the same crooks that got us into this mess in the first place. Vlocker stood behind Nixon when he reneged on paying debts in gold which is settlement. Since then debts have been paid by using MORE debt. No debt is ever settled using fiat currency. It takes a few years but you ALWAYS END UP with the mess we are now in. Look at the names....Market manipulators all of them. JPMorgan and Goldman Sachs both would now be BUST except for taxpayer bailouts. The solution is abolish central banks and issue currency backed by gold. Government must then live within its means. The US has to return to the Constitution. It won't happen without civil war I'm afraid.
01 / 22 / 2009
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canbyteleft a comment

This is crapola. Just patching things up but not really solving anything. All due respect Joe 6pack, you gotta go higher to get the real villans. Try Bush, Rockefeller, Rothschild etc. The folks you're after are just the stooges, including Volker. BTW this scribd.com site sucks, way too clunky.
01 / 21 / 2009
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Joe 6Packleft a comment

More gobble-de-**** from you guys. You want to fix things? How about starting by putting the criminals in jail and restoring some trust to the system. So far not one high-level executive has been brough up on charges. I guess that means that nobody committed any fraud. Not the ratings agencies, not the Wall Street money makers that packaged up bottom of the barrel mortgages with a few good ones to get AA ratings for the portfolio, not anyone at the SEC that turned the other way when these brainiacs scammed the whole world out of their life savings. You could start by putting Chris Cox, Hank Paulson, Robert Rubin, John Thain, Angelo Mozilo, and the rest of them behind bars. Then you could let these failing companies go out of business, take your lumps and let the free market come up with a way to fight our way out of the depression that is coming ragardless. Sure, it will hurt. It is going to hurt anyway. You guys make me sick. Regards, Joe 6pack
01 / 21 / 2009
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