U.S. in the Background in Basel Regulatory Debate
The Basel III capital bank standards are the center of some heated debate. Surprisingly, that debate is being led from overseas, as the U.S. grapples with the Dodd-Frank Act and the mid-term elections. Mervyn King, governor of the Bank of England, criticizes Basel during the Buttonwood Gathering.
Jeffrey Kutler
October 28, 2010