Volcker Urges Governance Change to Protect Euro

Former Federal Reserve Chairman Paul Volcker says Europe needs a new governing structure to prevent financial imbalances. Speaking with Bloomberg Television’s Robyn Meredith in Hong Kong, he also discusses Greece’s euro future, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon’s role on the Federal Reserve Bank of New York’s board and the effectiveness of the Volcker rule.

Source: Bloomberg May 31 2012

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