Martin Wolf on Narrow Banking, FT
Addendum: Does anybody dare to come up with an estimate of how many man hours it took to create and implement Basel II? What's your take on the opportunity cost of implementing Basel II? Would have banks come up with a more appropriate risk management or did Basel II actually force banks to think more about the risks they took?
Addendum: Does anybody dare to come up with an estimate of how many man hours it took to create and implement Basel II? What's your take on the opportunity cost of implementing Basel II? Would have banks come up with a more appropriate risk management or did Basel II actually force banks to think more about the risks they took?
Mahalanobis - am 2009-09-30 19:25
