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Matt Levine on Basel III

Or rather, Matt Levine on the Fed on Basel III. An interesting discussion around the rules regarding the mark-to-market of available for sale securities, and the potential (dis)incentives around consumer lending.
Or rather, Matt Levine on the Fed on Basel III. An interesting discussion around the rules regarding the mark-to-market of available for sale securities, and the potential (dis)incentives around consumer lending.