Resources for Basel II Capital Accord (Basel II)

Bank bailouts seen among crisis options listed for G7

www.iht.com

Steps as drastic as bank bailouts with taxpayers' money are among options being considered by the Financial Stability Forum in a report to G7 powers on what to do about the crisis in financial crisis, according to a Financial Times report on Tuesday.

That is on a list of concrete ideas drafted by the Financial Stability Forum, where supervisors and regulators are finalising a report to put to finance ministers and central bankers of the Group of Seven industrial powers on April 11 in Washington.

At the Swiss-based forum, an official contacted by Reuters said the report was not yet completed and it was not possible to say at this moment which of the concrete proposals floated so far would feature in the final version.

View the Resource

Share or bookmarklet this web page at: