Items Tagged with 'G-20'

ARTICLES

  • Could New Liquidity Requirements Sink the Ship?

    Because the international banking regulations dubbed “Basel II” have not yet become operational in the US (and might not ever be), I was a little surprised, in recent weeks, to see two US fixed income analysts dissect the impact of still-in-the-works Basel III liquidity rules in recent weeks.
    Read More
  • Dave Barry Waves Goodbye to 2009

    When you’re looking for the bright side of bad news, you can turn to comic-writer Dave Barry, whose latest column in the Miami-Herald sums up 2009 in a way that makes you wonder how we ever made it to the New Year. The obvious target was the economy and the struggles of the mortgage industry. Here are some snippets:
    Read More
  • G-20 Outlines Coordinated Plan on Impaired Assets

    Treasury secretary Tim Geithner on Saturday commended the Group of Twenty (G-20) global financial advisers for supporting the U.S. movement for increased emergency International Monetary Fund resources and expanded G-20 membership. The road to stabilizing the global economy still has a long way to go, according to Geithner, and global finance regulators must now turn their attention to stabilizing financial institutions and reforming the way globally significant banks do business. "Risk does not respect national borders," he said at the G-20 meeting in Horsham, England.
    Read More
  • Geithner Urges $500 Billion Global IMF Contribution

    U.S. Treasury Department secretary Tim Geithner called on global finance leaders to increase their contribution to the International Monetary Fund (IMF) by up to $500 billion in a move for global stimulus support that surprised few. His statements, released Wednesday before the G-20 meeting of finance ministers in London, urged a worldwide effort in concert with recent actions geared toward stabilizing the U.S. financial system.
    Read More