Jun
17
Can anyone please tell me how Basel II effects sub prime lending and the recent crisis?
Filed Under mortgage
Annette W asked:
Can someone please tell me how sub prime lending and the recent crisis was effected by the implementation of Basel II
thanks
Trane Heat Pumps
Can someone please tell me how sub prime lending and the recent crisis was effected by the implementation of Basel II
thanks
Trane Heat Pumps
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It shouldnt have been affected at all, as Basel was more along the lines of INTERNATIONAL banking law.
To the extent that foreign entities put their monies at risk here, that would be their exposure….