Financial Crisis and the Need for Reliable Information [View article]
Maybe we need to re-think the wisdom of allowing tiered capital adequacy ratios. This would require a Basel III that treats all assets the same, as if they were marketable. Sure it's radical, but it beats the weighted gradients that helped hide the subprime mess for so long.
-
Maybe we need to re-think the wisdom of allowing tiered capital adequacy ratios. This would require a Basel III that treats all assets the same, as if they were marketable. Sure it's radical, but it beats the weighted gradients that helped hide the subprime mess for so long.
Nov 30 19:03 pm
|Rating:
+1
0
All Comments by Anthony Alfidi »Financial Crisis and the Need for Reliable Information [View article]