Thursday, March 19, 2020

The banks are using this crisis to demand that we go back to the rules of 2007 so that they can exploit us all over again

As the Financial Times has reported this morning: The global banking industry is demanding regulators relax or delay a raft of post-crisis rules on everything from capital and liquidity to accounting and climate change, which they argue are hampering their ability to respond to the coronavirus crisis. Executives have launched the globally co-ordinated push to convince […]

source https://thebtrader.com/2020/03/19/the-banks-are-using-this-crisis-to-demand-that-we-go-back-to-the-rules-of-2007-so-that-they-can-exploit-us-all-over-again/?utm_source=rss&utm_medium=rss&utm_campaign=the-banks-are-using-this-crisis-to-demand-that-we-go-back-to-the-rules-of-2007-so-that-they-can-exploit-us-all-over-again

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