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article:http://www.bbc.co.uk/news/business-15287057background:The...

  1. joulesmm1
    2,802 Posts.
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    13/10/11
    19:27
    Post #: 9138016
    article:

    http://www.bbc.co.uk/news/business-15287057

    background:

    The European Banking Authority is proposing that eurozone banks should hold capital equivalent to between 9% and 10% of their risk-weighted assets, on a Basel 2.5 basis, with sovereign debt in trading books and banking books marked down to market prices.

    is that all? 9-10%, seriously?

    SPX Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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