[A-List] The BIS makes a move... sort of

[Todd Boyle]

Read all about the new capital requirements.  There are 1948 articles,
so, no use writing another one.  http://news.google.com/news?hl=en&q=bis

BASEL, Sept 13 (Reuters) - New more stringent 
capital requirements for banks will not hamper 
global recovery and should put the economy on a more solid ...
Basel III Arrives Seeking Alpha (blog)
New rules give clarity Straits Times
Is Basel III just like tightening monetary policy? FT.com (blog)
Reuters UK (blog) - Wall Street Journal
all 1,948 news articles »

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The BIS is my all-time favorite website for 
cosmic, intergalactic statistics like these:

BIS: Daily Forex Flows Hit $4 Trillion A Day In April
http://online.wsj.com/article/BT-CO-20100831-714184.html

Notional Value of derivatives by reporting banks 12/31/2009  $614 Billion
http://www.bis.org/statistics/otcder/dt1920a.pdf
("made you look"!   Three quarters of it is garden variety interest rate
swaps and the aggregate market value is only $21 billion-- and where
are the corresponding liabilities to other institutions against the banks
reporting these asset values?)

TOdd