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
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  • Comments

    No Responses to “Can anyone please tell me how Basel II effects sub prime lending and the recent crisis?”

    1. Damn_ I'm_good on June 19th, 2009 11:56 am

      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….