Experts acknowledge need for global fix to capital ratios

03/30/2010 | New York Times (tiered subscription model), The

Bank of England Governor Mervyn King, U.S. Treasury Secretary Timothy Geithner, and other financial industry experts and insiders acknowledge that changes are needed to banks' required capital ratios. However, exactly how much money banks would need to hold in their rainy day funds remains a point of debate.

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