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Loan Modification

: Mortgage Lender Implode-o-Meter

Some Things Went Bump in The Night Last Week (Bank Regulatory Shenanigans Edition)

By Implode-Explode Heavy Industries

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``Haven?t seen any analysis of how the new Basel bank capital calculations would affect US bank regulatory capital but if Credit Suisse?s back of an envelope calculation is right for Eurobanks (they will need EUR 1.1 Trillion of extra capital of one sort or another), then a crude read-across is that American banks need another $400Bn of capital, of one sort or another.''

Full post as published by Mortgage Lender Implode-o-Meter on December 21, 2009 (boomark / email).

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