http://video.ft.com/v/901495886001/INET-Conference-Simon-Johnson
Click on the link above for an informative interview with MIT's Simon Johnson.
His view is that banks need capital reserves in the 20 to 30% range.
This compares to my view that banks should be at least in the 15 to 20% range.
Apparently there is someone more risk adverse than yours truly!
Click on the link above for an informative interview with MIT's Simon Johnson.
His view is that banks need capital reserves in the 20 to 30% range.
This compares to my view that banks should be at least in the 15 to 20% range.
Apparently there is someone more risk adverse than yours truly!
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