Resources for Basel II Capital Accord (Basel II)

Basel bank watchdog has 'mixed feelings' on super SIV

www.marketwatch.com

The world's top banking overseer has reservations about the $100 billion rescue package planned by U.S. banks and believes U.S. banks could be temporarily at a competitive disadvantage to their foreign rivals because of the slowed implementation of new capital requirements.
Nout Wellink, the chairman of the Basel Committee on Banking Supervision who is also president of the Dutch central bank and a member of the European Central Bank's Governing Council, discussed the recent credit-market turmoil with Joellen Perry of The Wall Street Journal and Damian Paletta of Dow Jones Newswires.
WSJ/Dow Jones: What are your thoughts about this new superconduit that's been proposed?

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