Marketplace for Tuesday, December 10, 2013

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Episode Description 
So the Volcker Rule text is out – and now the search for loopholes begins. To what extent have lobbyists and lawmakers already negotiated the workarounds so they’re baked into the Volcker Rule’s language? Also, the U.S. is no longer an investor in General Motors – and today the automaker has a new CEO in the shape of Mary Barra. Finally, the founding chairman of Lululemon has stepped down after 15 years at the head of the company. Investors regarded him as something of a “loose cannon”, and news stories abound of his curious approach to corporate culture. 

The first Volcker Rule loophole?

The federal government released a key part of the Dodd-Frank financial reform, and attorneys for banks are poring over its more than 900 pages.
Posted In: Dodd-Frank Wall Street Reform and Consumer Protection Act, Volcker Rule

Lawmakers announce bipartisan budget deal

The $85 billion agreement would set new spending levels for the next two years and create $63 billion in so-called 'sequester relief.'
Posted In: budget deal, government shutdown 2013, debt ceiling, senate budget committee

Cerberus struggles to sell Bushmaster rifle maker

Despite public efforts, private equity firm struggles to sell Freedom Group.
Posted In: Bushmaster, Sandy Hook, NRA

What's wrong with giving money away? Even generosity has critics

Each year, Americans give away billions of dollars. Some of those donations, particularly the large ones, come in for criticism.
Posted In: philanthropy

GM's new CEO is a woman. So what? What will she do for GM?

GM is now free of the U.S. government holding at stake in it, and has named a new chief executive, its first woman but a GM lifer.
Posted In: automaker, GM, General Motors, auto industry, auto bailout

No cuts, no color, just blow-outs.

A simple idea that finds success in the world of affordable luxury.
Posted In: hair, beauty, blow-outs

Music from this show

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We Good (Instrumental)
Pete Rock
Varsity
Smith Westerns
Digging The Blogosphere
Various artists
Her Majesty's Socialist Request
RJD2