|
Re: None of the world's banks pass safety tests, according to Sky
Quote:
Originally Posted by mertle
well lets see if these self regulatory indicators work shall I doubt they will go far enough to stop there antics.
incidently just listened to youtube vid david icke I think at times he god nutter but by heck he talks sense about the economy.
There defenately something fishy on way its run and how it can possibly manipulated
Anyway listen yourselves
http://www.youtube.com/watch?feature...&v=vjxb3jvLpOg |
How is this
Quote:
The Financial Stability Board earlier this week published a list of the world’s 29 biggest and most complex banks, and gave them a deadline on next October to pass a so-called resolvability assessment – a health check which will ensure that they could be safely dismantled if they went bust. I have learnt that the FSB believes, based on its own initial assessments, that not one of the 29 banks is currently in a fit state to pass those tests.
The implications of this are far-reaching. It means those banks, which in the UK include Royal Bank of Scotland, HSBC, Lloyds and Barclays, must carry out far-reaching changes to prove that they will not have to be supported by the state if they do near collapse.
|
and
Quote:
|
Under the new rules, countries around the world will also have to seek agreements with fellow regulators overseas when an international bank sets up an office in a foreign country, to ensure that that particular unit remains separable in the event of its collapse
|
from your original link "self regulatory"?
__________________
Thank you for calling the Abyss.
If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare.
If my post is in bold and this colour, it's a Moderator Request.
|