Sunday, June 26, 2011

NYTimes: Higher Reserves Proposed for ‘Too Big to Fail’ Banks

From The New York Times:

Higher Reserves Proposed for 'Too Big to Fail' Banks

Global regulators said that banks deemed too-big-to-fail would have to set aside an additional cushion of capital reserves in an effort to avoid a repeat of the 2008 financial crisis.

http://nyti.ms/ietPGQ


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