Reuters reported this afternoon that negotiators had reached a deal on the Basel III reforms for international banking, and that on the key question of capital requirements, the range would fall in between 7% and 9%. The press release from the Group of Governors and Heads of Supervision puts that squarely on the low end.
Basel III Accord Reached: Capital Requirements Set at Minimum 7% |
| By: David Dayen Monday September 13, 2010 6:04 am |
Early Morning Swim |
| By: Blue Texan Monday September 13, 2010 4:46 am |
- Gosh, lucky the Democrats control both Houses.
- Your Monday Krugman.
- Another GOPer eated by the teahadists?
- Solid brand ya got there, donkeys.
- Has Gingrich always been a troll?
- Dumb and Dumber do Alaska.
Remember Ladies and Gentlemen |
| By: Attaturk Monday September 13, 2010 1:30 am |
Unleashing as much hate and ignorance as you possibly can in the name of exploiting tragedy. It’s the right-wing way.
Late, Late Night FDL: Baker Street |
| By: CTuttle Sunday September 12, 2010 10:00 pm |
Gerry Rafferty – Baker Street I love that sax…! What’s on your mind tonite…?
Sunday Late Night: The NYT & That Old-Time Bias |
| By: Teddy Partridge Sunday September 12, 2010 8:01 pm |
Someone should tell the Times’ obits editor: Perpetuating historical discrimination is still discrimination. Saying “it’s always been done this way” is no way to break down old boundaries and crack glass ceilings.
“Letting Prices Fall” Versus Resetting the Housing Market |
| By: David Dayen Sunday September 12, 2010 7:00 pm |
While some of the other ideas on refinancing and short sales may help at the margins, without principal reductions we’re still basically on the margins. You need to reset the market, not allow it to work its “invisible hand” magic that will result in destruction for millions of borrowers.
Only Making Matters Worse: America in Iraq and Afghanistan |
| By: Siun Sunday September 12, 2010 6:00 pm |
I’ve been thinking all week as I’m sure you have about the ways 9/11 have led our country into deeper and deeper war on Islamic communities – seen at home in the hysteria about an Islamic center planned for New York and the threatened koran burning, seen overseas in the horrors of our wars on [...]
Wind Power, Meet Remote Control |
| By: Ruth Calvo Sunday September 12, 2010 5:00 pm |
Landowners between the wind generators that are being put in and the cities that need the power have been raising problems related to the scenery and their stake in that scenery.
Conservatives in General: Not Just Racists, but Lying Racists Too |
| By: Phoenix Woman Sunday September 12, 2010 4:00 pm |
As the sky is my witness, there’s very little I love more than rhetorically batting around those pieces of human catnip known as conservative shills. And lookie here, we’ve got one called Gerard Alexander, smack-dab in the pages of Kaplan Test Prep (aka the Washington Post)!
FDL Book Salon Welcomes Will Bunch, The Backlash: Right-Wing Radicals, Hi-Def Hucksters, and Paranoid Politics in the Age of Obama |
| By: Cliff Schecter Sunday September 12, 2010 1:59 pm |
It’s been quite a few years. While the usual suspects on the Professional Right threaten to burn books, those of us in the reality-based community sometimes peer at them to try and make sense of an ongoing economic disaster and resulting surge in right-wing populism. These two gale-wind crises, working in unison, have given rise to both an inexorable oligarchic elite on the one hand, and on the other, a cavalcade of angry, middle-aged, portly, pasty whites wearing funny hats and saying not-so funny things about Americans and America.
Luckily for us, the past few months have provided some masterful works that have provided insight both into what has happened and what will happen, if we don’t take the violent and sometimes merely threatening deadly serious.
That’s where the great Will Bunch comes in–


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