Bjerknes

"Top Economist"
Mar 16, 2004
116,151
''what are all you fish heads looking at anyway'' :lol:
I like when he told them that he used to stack them 8 ft high
:lol:

other question do you know anything about the bazel cords
Not much, but I do know Basel I set up capital requirements for G-10 banks and Basel III was a response to our current financial crisis. As I recall, one of the positives about the latter was that they set up incentives to bring over the counter derivative contracts to a central exchange or clearing house. Problem is the banks won't do that unless they are forced to.
 

Bezzy

The Bookie Queen
Jun 5, 2010
20,828
:lol:



Not much, but I do know Basel I set up capital requirements for G-10 banks and Basel III was a response to our current financial crisis. As I recall, one of the positives about the latter was that they set up incentives to bring over the counter derivative contracts to a central exchange or clearing house. Problem is the banks won't do that unless they are forced to.
thank you maybe it is more an Europe thing but it will be in my exam tomorrow so thank you :)
 

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