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Volcker Rule Should Build Hedging Firewall: Ex-FDIC Head

By Evan Weinberger ( May 31, 2012, 5:22 PM EDT) -- Former Federal Deposit Insurance Corp. Chairman Sheila Bair on Thursday said the Dodd-Frank Act's ban on proprietary trading should set up a "firewall" to protect big banks' commercial operations and deposits by blocking them from using complex derivatives for hedging transactions....

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