View Single Post
Old 10-01-2008, 12:14 AM   #11
Zarathustra
Avalon Senior Member
 
Join Date: Sep 2008
Location: Eastern U.S.
Posts: 429
Default Re: someone familiar with Basel II comment on this article

Quote:
Originally Posted by QUESTINY View Post
They didn't want to write the check. They wanted us to write the check. They waited to the last minute to see if it would actually go through. They wanted to see if the biggest bank heist in history would work. It didn't so they ponied up the cash to meet the deadline while trying to get still get reimbursed back from the the people...crazy theory huh?

Q,

correct or not I don't know, but crazy, I don't think so. It makes too much sense. They can hide crime domestically, but Basel II would require transparency to banks around the world. I think the specific purpose of their "panic" is certainly related.
Zarathustra is offline   Reply With Quote