Wednesday, Nov 26, 2008
Taking Stock after the Action
Bloomberg: Brown’s ‘Churchill’ Moment Masks Failure of Regulator He Built
The Crumblin' Rock, B&B, Bonuses, banking traumas and where regulation went wrong.
Posted by alan @ 11:41 AM (228 views) Add Comment
1 Comment
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1. icarus said...
Banks participating in the govt's bailout have to hold Tier 1 capital (equity capital+preferred shares) of at least 9% of the assets they control. So what happens when the bank's share price suddenly takes a 40% hit (as has happened recently)?