FDIC's Hoenig questions Basel III's ability to be effective

04/9/2013 | Wall Street Journal, The

Thomas Hoenig, vice chairman of the Federal Deposit Insurance Corp., is questioning the Basel III capital regime, saying the rules would fail to meet their goals. "All of the Basel capital accords, including the proposed Basel III, look backward and then attempt to assign risk weights into the future," he said. "It doesn't work."

View Full Article in:

Wall Street Journal, The

Published in Briefs: