Editorial: Basel Committee offers concession to big banks

01/10/2013 | New York Times (tiered subscription model), The

The Basel Committee on Banking Supervision's decision to ease Basel III is a concession to major banks, The New York Times writes. A broader definition of asset classes and more implementation time are conducive to facilitating a crisis, not averting one, according to this editorial.

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New York Times (tiered subscription model), The

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