"Round up the Usual Suspects!" - bank regulation the wrong way, by Ellen BrownQuicklink submitted by Josh Mitteldorf Permalink
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|The bank crisis two years ago was caused by wanton speculation among the nation's largest banks. New regulations this week, called 'Basel III' will do nothing to solve this problem, but they WILL put some small banks out of business, reducing competition, rewarding the large banks for their misdeeds.|
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