The proposals will prohibit banks from running proprietary trading operations solely for their own profit and sponsoring hedge funds and private equity funds.

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Big banks have already figured out how they will get around the new regulations that will crack down on proprietary trading operations unrelated to serving customers for their own profit.

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Google is sitting on a pile of cash—its dollar reserves are $24 billion, and growing. The question is, what will it do with all this money?

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