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Critics Slam Volcker Rule as 'Worst of All Worlds'


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Critics Slam Volcker Rule as 'Worst of All Worlds'

Lauren McCauley, staff writer

Financial regulators announced Tuesday that, after three and a half years of negotiations and billions spent by big banks in an attempt to carve out regulatory loopholes, Feds agreed upon a set of banking reform guidelines known as the "Volcker Rule."