by Henry Oliner | Sep 14, 2010 | Business, Financial
In We’ll Always have Basel The Wall Street Journal reports on the work to raise capital standards to avert future bank meltdowns. One of the more interesting concepts is a “bail in”: The idea is to set very high capital standards but allow banks to count as capital...
by Henry Oliner | Apr 25, 2010 | Economy, Financial
George Melloan writes in The Wall Street Journal, The Lessons of Basel’s Bean Counters Summarized: In 1988 the banking regulators from 20 leading industrial nations of the International Monetary Fund met in Switzerland and created Basel I to create a common...
