29 November 2011

Bank Regulators Abandon Credit Ratings To Measure Risk

Do these new regulations from the Office of the Controller of Currency which regulates certain aspects of our banks mean that banks can ignore credit ratings on U.S. debt they invest in as part of their Tier 1 capital ratios? Is this a preparation for an eventual and likely downgrade of the U.S. Treasury's credit [...]

Hello hyperinflation. 




No comments:

Post a Comment