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According to the Fed, the largest 19 bank holding companies would have a $50B capital shortfall...

  • Thursday, June 7, 2012, 5:53 PM ET
    According to the Fed, the largest 19 bank holding companies would have a $50B capital shortfall had the Basel III capital buffer rules proposed today be in effect immediately.
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    Considering that a good chunk of those bank assets is probably faerie dust and wishful thinking, I'd bet the shortfall would be a lot bigger than that. Good thing we took care of the banking crisis years ago in this country, or we'd have to worry about this stuff.
    7 Jun 2012, 08:23 PM Reply Like
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