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How Banks Are Watering Down Financial Reform

Tuesday, January 14, 2014 - 7:31 PM
Banks have won again. The recent news that the new international banking regulations (known wonkily as Basel III) have been watered down by the banking lobby to allow them to continue doing daily business with nearly as much borrowed money as in the past is a real disappointment.
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cumuluscumulus330 posts since
Jan 16, 2010
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ShorebreakShorebreak2,604 posts since
Apr 6, 2010
Rep Points: 14,108
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