Monday, July 31, 2017

Bank Regulations: An Existential Threat?

Why was international financial officialdom so eager to raise banks’ capital-asset ratios? The starting point for the global bank capital obsession is found in Britain and its infamous Northern Rock affair. Indeed, this was the true beginning of the Great Financial Crisis and the Great Recession.

from Forbes Real Time http://www.forbes.com/sites/stevehanke/2017/07/31/bank-regulations-an-existential-threat/
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