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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (26487)	6/22/2011 8:15:42 AM
From: posthumousone	5 Recommendations Read Replies (1) \| Respond to of 119360

do we really need to guess where the fed is going with todays FOMC? they can play the exact same clip from last month and no one would know the difference

To: Giordano Bruno who wrote (26487)	6/22/2011 9:07:33 AM
From: Jeff Jordan	Read Replies (1) \| Respond to of 119360

LOL, Peasants, Puppets and Tenants (PPT),.....the true understanding of Socratic irony, ....when, feigned "ignorance" of the past becomes a means to an end..... LOL....Long Term Stratagem ( the game doesn't change, just the rules)......the wheels of justice grind exceedingly fine<g> >>>While the Basel III capital standards take effect during a transition period beginning in 2013, implementation of the two sets of liquidity standards will not begin until 2015 for the LCR and 2018 for the NSFR. The central bank governors and heads of supervision recognized that there may be a number of unintended consequences arising from the specifics of the LCR. For this reason, the Federal Reserve, supported by our counterparts from a number of other central banks, suggested a multi-year observation period before the LCR takes effect. During this period, the U.S. agencies and a Basel Committee working group will collect data, solicit comments from banks, analyze the effects of the new liquidity measures on financial markets and the broader economy, and determine whether the standards need to be amended to avoid adverse unintended consequences. With respect to the NSFR, while the Basel Committee countries are committed to having this standard in place in 2018, considerable technical work is still needed to refine this measure in the coming years. Areas for Continued International Work The risk-based capital requirements finalized in Basel III, and applicable to all internationally active banks, will be central to an effective framework for financial stability. There is an additional capital standard–along with the liquidity standards just mentioned–where the considerable work done to date still needs to be completed in the Basel Committee. Global initiatives have also been started in two other areas covered by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), derivatives regulation, and resolution regimes, but a good deal remains to be done before we have agreement on appropriate international measures to promote global financial stability and to assure congruence between U.S. practices and those of other major financial centers. A final issue that must remain on the international reform agenda is the development in major financial centers of effective resolution regimes for SIFIs. The Dodd-Frank Act gave the Federal Deposit Insurance Corporation (FDIC) authority to resolve failing financial firms where necessary to mitigate serious effects on financial stability. The efficacy of this mechanism and market discipline more generally will both be increased if other significant jurisdictions have parallel authority, with similar expectations for how SIFIs operating in multiple jurisdictions will be resolved<<< ....So, Is "Authority" given by the People, or God?....or just taken by Others?<g> wallstcheatsheet.com LOL...."Forest, Evil is as Evil Does" Message 27447841