Resources for Basel II Capital Accord (Basel II)

What makes Government Intervention Good For Banks

online.wsj.com

The basic argument against the government's involvement in the banking industry is that it somehow intrudes in the private sector. Critics of the bailout programs say the free markets should determine which banks survive, which fail, how much banks should lend and how much bankers should be paid.However, that argument has a crucial flaw: banking isn't a private enterprise.

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