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Loan Modification

: Mortgage Lender Implode-o-Meter

Top banks face $100 billion Basel shortfall: report

By Implode-Explode Heavy Industries

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``The new Basel III banking rules will leave the biggest U.S. banks short of between $100 billion and $150 billion in equity capital, with 90 per cent of the shortfall concentrated in the top six banks, the Financial Times said, citing research from Barclays Capital.''

Full post as published by Mortgage Lender Implode-o-Meter on November 24, 2010 (boomark / email).

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