Humint Events Online: NSA/CIA Spying Round-Up

Wednesday, June 12, 2013

Anonymous said...: And here's my 33 of the day. Didn't see this one coming:

International regulators are setting a leverage ratio at 3% by 2019 – which allows banks to leverage their capital 33 times – and the FPC had wanted the ability to be able to adjust this ratio to limit the risks banks run.

"Mr Haldane told us that 'a 33 times leveraged banking system sends shivers down my spine, if it were to be a long-run goal for financial stability'," said Tyrie. "The government should accept the banking commission's recommendations without further delay and grant the FPC this power," Tyrie said.

http://www.blacklistednews.com/Bank_Of_England_Advisor_%27We%27ve_Intentionally_Blown_The_Biggest_Government_Bond_Bubble_In_History%27/26647/0/0/0/Y/M.html; 11:51 AM

Humint Events Online