Banks Get New Restraints, Historic Refashioning of Rules Aims to Trim Risk-Taking, Limit Future Crises, so the PR starts at WSJ.com last night.
But, boy, the markets take off ... and sell-side analysts are happy, as some banks are soon to pay out even dividends. Are these guys in Basel serious?
At least Puppenhausmuseum in Basel is ... as we have time of several generations to fix it.
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