Saturday, 20 August 2011 18:59

Bank Capital Regime at Risk as Regulators Spar

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"Capital standards designed to fortify the global financial system are eroding as European officials, beset by a debt crisis, rewrite the regulations and U.S. rulemaking stalls."
 
Translation: The rules in the rigged game that has propped the Infinite Growth system up are increasingly useless and irrelevant. We know that. But now the players at the big stakes table are finding themselves increasingly backed into a corner where all they will have left is their six shooters. -- MCR

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