Mat Levine (Bloomberg) – Two things that I took away from Zions Bancorporation’s run-in with the Volcker rule today are:
1. I seem to have been wrong about one important effect of the Volcker rule, and
2. Zions had a conference call in which its chief financial officer said “we got to that conclusion in part by looking at footnote 1,861,” so now my dream in life is to have a bank chief financial officer cite a four-digit-numbered footnote of mine; look forward to that.