banks to comply with the same capital standards as U.S. global financial system. While the EU criticized the Fed for a rule that will impact a few large European banks, the wall street Journal argued that the vote “could be a race to the top of the regulatory tree,” with the …
A Tax That May Change the Trading Game
“As longtime advocates of financial transaction taxes since 1992, I and Ethical Markets is encouraged at this progress “ – Hazel Henderson, Editor A Tax That May Change the Trading Game By FLOYD NORRIS Published: February 21, 2013 To the dismay of the United States government — not to mention Wall …
Anti-American Bankers
Anti-American Bankers Posted: 28 Sep 2011 07:56 PM PDT By Simon Johnson. An edited version of this short post appeared today on the NYT.com’s Room for Debate: “Are Global Banking Rules Anti-American?” Jamie Dimon claims that the new rules on bank capital “anti-American” because they somehow discriminate against American banks …