All about bank(panic)s and the implications for policy
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The Importance of Different Ratios in Banking
Honig: Banks are still a 6% capital to assets. In the great financial recession, the industry lost 6% of its capital. The Brown-Vitter bill that was proposed following the Great Recession said 15%. And yes, that raises the capital requirements, but it also raises the safety of the industry," he says.
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