In Trying to Stop "Too Big to Fail", Fed Considers Going It Alone - Presented by: The Aol. On Network

The Federal Reserve's attempts to thwart "too big to fail" may be about to take a turn. Until now, the Fed was on board with so-called "Basel III" capital rules, an international approach to measuring the health of banks. But in a recent speech, Fed Governor Daniel Tarullo indicated the Fed may abandon Basel III in favor of its own "stress test", aimed at ensuring banks have enough capital on their books.



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