<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[The Dish]]></provider_name><provider_url><![CDATA[http://dish.andrewsullivan.com]]></provider_url><author_name><![CDATA[Andrew Sullivan]]></author_name><author_url><![CDATA[https://dish.andrewsullivan.com/author/sullydish/]]></author_url><title><![CDATA[Quote For The Day&nbsp;II]]></title><type><![CDATA[link]]></type><html><![CDATA[<p>&quot;Although [the Volcker rule] will never be implemented, we need to be honest about proprietary trading. I spent 25 years as a prop trader, many on this site have spent decades at it and we KNOW - although we never admit to it - what it does to markets.</p><p>We want volatility, that&#39;s the lifesblood -- the key to making real dough and when we have control of the product as well as the mechanism of the trade -- well, honey -- that&#39;s the best, we are unstoppable and can ratchet those trades back and forth every day and plan to buy boats and big houses.]]></html></oembed>