tag:blogger.com,1999:blog-6343780838683078357.post8254135596957289435..comments2024-03-13T13:29:26.302-04:00Comments on The Mindless Praetorian Blog: Former Execs: JPMorgan Chase Gambling Even More Heavily On High-Risk Derivatives ... At Jamie Dimon's DirectionUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6343780838683078357.post-25338319913749150112012-04-20T12:58:47.086-04:002012-04-20T12:58:47.086-04:00Instead of a waivable binary Volcker Rule, they sh...Instead of a waivable binary Volcker Rule, they should use a Taylor-like Rule that changes with leverage squared, volatility and inversely GNP (the SDE is (L-1) dr + L d var). A numerical rule is harder to waive, and can fit into Basel regulations for risk capital.Anonymousnoreply@blogger.com