Banking lobbyist sources think “Volcker Rules” will be approved and attached to the final Dodd bill

Financial regulatory overhaul - Banking lobbyist sources think it is increasingly likely that the proposed
“Volcker Rules” will be approved and attached to the final Dodd bill; the Lincoln Blanche proposal to force
banks to spin off their swaps desks, which his opposed by Volcker, the industry, and the White House will
face a closer vote although it too may wind up passing. An industry group thinks the passage of the Lincoln
plan would increase the cost of a $200K mortgage by $6-10K+. Lincoln has been refusing to modify her
provision. FT