1/
"The banks say the March crisis reflected a failure of some bank managers and regulators—not a systemic lack of capital, and that higher capital rules will cause them to hold back more funds and limit lending, which they warn will hurt the economy."
wsj.com
"The banks say the March crisis reflected a failure of some bank managers and regulators—not a systemic lack of capital, and that higher capital rules will cause them to hold back more funds and limit lending, which they warn will hurt the economy."
wsj.com
2/2
What self-interested nonsense. American businesses aren't exactly clamoring for scarce capital to fund their huge investment needs. I don't think the main problem with the American economy is that banks are too safe and too constrained in their financial activities.
What self-interested nonsense. American businesses aren't exactly clamoring for scarce capital to fund their huge investment needs. I don't think the main problem with the American economy is that banks are too safe and too constrained in their financial activities.
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