Basel III and Risky Banking Behavior: Too Little, Too Lenient, Too Late?

KNOWLEDGE AT WHARTON ARCHIVES: As the world haltingly recovers from the recession, regulators are struggling to modify the financial system to prevent another crisis. The latest effort: stricter capital requirements to help prevent large banks from collapsing under the weight of unexpected losses. While the new proposals -- called Basel III -- are designed to reduce risk-taking by assuring that banks continue lending in a weak economy, Wharton Finance professors Richard Herring, Franklin Allen, and others are skeptical that the new proposals will accomplish this goal.
More on this interview: knowledge.whar...
#basel3 #banking #wallstreet #financialcrisis

[@muskduh]

Thanks for the free lecture!

[@sharrdashah3807]

Thanks very much. That makes a lot of sense.

[@nightnavin]

excellent talk - thanks for the explanation!

[@thehungergames8918]

👍

[@jeanrichardvarre6062]

I saw the Title & I was hooked.

[@makumbiisaac4770]

Incredibly insightful. Thank you

[@davidklein4980]

January the 1st is coming...any predictions?

[@mrparrehesian1742]

How is it that a decade after the GFC the bankers are so fearful of the public that they must congregate in a place that is easy to fortify? If they bankers were doing the job in which confidence could be shown to the public, and they expose their public goodwill, it is possible that these Banking Ceo's would have less fear. What are these people doing to be so fearful of the public? Maybe they could change their business model and become productive asset builders vs being parasitic to National Budgets.

[@MM-tt3np]

Why not just let the banks run under the same regulations as casinos? Because that's what they are nowadays ;)

[@sebastianellis6110]

lol they have to pick a place to hide because everyone is after them.... I wonder why that is??

[@kunal1308]

thanks...it was really helpful..

[@grandy]

very insightful

[@rebornsmith7542]

13:40 "That will not be transparent". Ok. Um...

[@fightnight47364]

Does this sound like the roggenfauer aldrich plan, just globally.

[@thehungergames8918]

👍

[@cayetanosoler3432]

All crashes are planned

[@Demonboy362]

He's just not funny without Stewart Lee

[@ttptowers]

He only wanted to be on telly

[@johnbutler3141]

Very complex, how to screw the world without nobody knowing.

[@jorgegomez524]

who elected them to rule the world money?

[@perkurowski]

Government debts perfectly safe? What would the Medici's think of such dumb notion? subprimeregulations.blogspot.com/2016/11/why-has-imf-kept-silence-on-what-was.html

[@TheBest-ff8zz]

BASEL III perpetuates to big to fail.

[@barkhakhosla4692]

G