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To: Cogito Ergo Sum who wrote (28738)1/28/2008 11:18:55 PM
From: elmatador  Read Replies (1) of 217789
 
no. I needed to post "reducing banking risk and the creation of financial stability" the purpose of Basel II was created and the mess that we see today.

I need to drive the irony of it.

It is the kind of thing that a moderator has to do for his electorate or constituency :-)

Basel II earned a lot of money for consultants to put it together and failed on his above mentioned purpose. Thus the financial mess we are in.

After noticing I have posted for you, I put as a message. But perhaps you should read.
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