Thanks for all the corrections re Nobel Lecturers. I won't trust material on the American Finance Association website again:

http://www.afajof.org/association/historyfinance.asp (Markowitz interview)

Saturday's NYT: "Mr. Volcker says that most of the deregulation came after he left the Fed. His reluctance to deregulate contributed in part to his departure under pressure from the Reagan administration. His replacement, Alan Greenspan, openly campaigned to weaken and finally repeal Glass-Steagall, and President Bill Clinton signed the repeal into law in 1999."

Is there any literature to support or refute Volcker's assertion about his being forced out of the Fed?

Robert Leeson