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Old 09-30-2008, 10:58 PM   #4
Steve_A
Project Avalon Moderator
 
Join Date: Sep 2008
Location: Northeastern Brazil
Posts: 1,259
Default Re: someone familiar with Basel II comment on this article

Hi Zarathustra,

Check this out:

http://www.opriskandcompliance.com/p...ml?page=725309

I'm still scouring the web...

Best regards,

Steve

P.S. note the banks that are compliant.


[QUOTE=Zarathustra;33415]THE *REAL* REASON FOR THE SUDDEN RUSH FOR BAILOUT? (BASEL-II)

http://www.rumormillnews.com/cgi-bin...gi?read=132199

Why the Crooks (Fed) are in a Panicked Rush

Why the big panicked rush to pass the bailout? Two clues:

1.) the U.S. fiscal year ENDS on Sept. 30th and a NEW one starts on Oct. 1st. and
2.) The Basel-II deadline for U.S. banks to be "Basel-II compliant," originally Sept. 1st, must surely come due on Oct. 1st, 2008.
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