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governments are going to have to toss out current banking laws and regulations and start over
You mean "Basel III" didn't just save the day a couple of weeks ago?

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
by Migeru (migeru at eurotrib dot com) on Thu Oct 14th, 2010 at 04:46:14 AM EST
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I'm waiting for Basil I.  If nothing else we can use it to make pesto.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Thu Oct 14th, 2010 at 10:52:36 AM EST
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