Where's Volker?

[edhopper]

We know Obama's not talking to Krugman or Stieglitz or Roubini or Johnson. But Volker is on the team. And yet;
"Volcker Assumes Smaller-Than-Expected Role With Obama"
http://online.wsj.com/article/SB123940537361509771.html

As Barry Ritholtz puts it:
To review: You have access to the greatest Fed chief in history, and you are choosing not to use him during the greatest crisis since the Great Depression.
I wonder what White House aide is too insecure to let the big dog loose . . .

[elleng]

1. I'd guess summers.

ignored brooksley born's prescient advice about derivatives.

http://en.wikipedia.org/wiki/Brooksley_E._Born

[54anickel]

2. I've been wondering that for quite a while now. Seems the brilliant youngsters brushed the

"old fart" aside. Too bad, seeing Volker on the team early on was the only glimmer of economic hope for me. Seemed to be a great balancing force to the likes of Chopper Ben, Paulson and the Wall Street "Rat Pack". Then again, I'm an "old fart" who obviously doesn't understand the new zeros and ones alchemy our economy is now based upon.