Press reports suggest that in the wake of the recent flash-panic, big banks may soon be forced by regulators to have 20 percent more capital. We have seen this story before. Feckless government fiscal policies create a tidal wave of easy money that camouflages aggressive risk taking while regulators seem oblivious to the financial risks being embedded in the system. Some banks collapse because they had done imprudent things like ignoring the interest rate risk exposure in fixed-rate Treasuries. Others fail because the economy is under duress and they haven’t been nimble enough to stay ahead of borrowers who can’t repay the loans they took out in better times. At the end, the hero —
Hence then, the article about our failing banks and the capital con game was published today ( ) and is available onThe Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Our failing banks and the capital con game )