Editorial: Basel rules could benefit taxpayers:

09/9/2010 | Wall Street Journal, The

The Dodd-Frank act failed to put an end to banks that are seen as "too big to fail," but proposed rules on capital and liquidity from the Basel Committee on Banking Supervision could reduce the likelihood that taxpayers will be required to rescue the banking system again, according to this analysis. Basel III is expected to require banks to hold more capital to absorb losses, reducing the risk that such losses would hit taxpayers.

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Wall Street Journal, The

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