Marketplace for Tuesday, December 10, 2013
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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.
Posted In: Lululemon, athletic wear, clothes, Retail
The yoga apparel giant appoints a new chief.
Posted In: Dodd-Frank Wall Street Reform and Consumer Protection Act, Volcker Rule
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: philanthropy
Each year, Americans give away billions of dollars. Some of those donations, particularly the large ones, come in for criticism.
Posted In: cab drivers, sound of music
Kai's got a 2-for-1 deal today.