63 central banks are implementing Basel III which includes the widespread practice of “bail-ins” to rescue failing banks
Yesterday, the Bank for International Settlements announced that its member jurisdictions have made significant progress in implementing the final elements of Basel III. Basel III includes wide acc…
Bail in and Bail outs! The peoples taxes/money grabs should not help prop up failing banks. If taxpayer money saves a bank, then that bank should become owned by the people. A true "federal bank of America" etc no longer a private entity.