September 14, 2010 at 11:44 AM EDT
Basel III? Basel Humbug: Why New Bank Capital Rules May Be Irrelevant
International bankers are hammering out the Basel III agreement, which will require banks to keep more capital in reserve relative to what they invest. It's a good idea, and one that would cushion the financial system from the next bust -- if the rules weren't being pushed so far into the future. Continue reading Basel III? Basel Humbug: Why New Bank Capital Rules May Be Irrelevant Basel III? Basel Humbug: Why New Bank Capital Rules May Be Irrelevant originally appeared on DailyFinance on Tue, 14 Sep 2010 11:44:00. Filed Under: Economy , Investing , Credit Permalink | Tweet this! | Comments
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