RE: TRADE30 Mar 2019 21:57
Oh yeah and the worlds all fine now the banks are regulated and central banks are printing endless money. Yeah right. Regulation only works for as long as ppl have memories. Remember Basel 2 regulation enabled banks to become over levered by classifying risky assets as risk free. Had they stuck to Basel 1, far more simple rules, RBS could not possibly have gotten levered more than 50 times their capital. Bad regulation.