gold, page-24950

@gozinsa

"the bandaid asset to capital ratio restrictions will make one iota of difference."

Will? Basel capital requirements with respect to lending and credit have been in place since 1988.

Fortunately this information is far too public for a reckless bank to wilfully breach its capital requirements unnoticed. A half reasonable bank analyst with a stock broker can reconstruction a bank's capital position, and the market will punish them if the government failed to.

By the way. Ratings agencies are not regulated entities. They can do almost anything they like with only their reputations at risk...

... a Responsible Officer with a bank caught falsifying capital returns does jail time.