[BashBeissedat]

Well, here we go.......the Fed JEWS are infiltrating the world banking system to screw the world up, this is like sitting at a poker table where everyone has real cash on the table and the US nothing but IOU's.
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Monday, December 19, 2011Fed 'to embrace global banking rules'.

Federal Reserve © AFP/File Karen Bleier
AFP

WASHINGTON (AFP) - The US Federal Reserve is expected to embrace a new global framework that requires giant financial institutions to hold extra capital, The Wall Street Journal reported Monday.

Citing unnamed people familiar with the situation, the newspaper said the Fed's decision to accept the rules laid out by regulators in Basel, Switzerland, could come before Christmas.

It is a defeat for big US banks that argued the guidelines needn't be so strict, the report said. They contended the Basel approach could prompt them to reduce lending and hurt the economy.

Internal estimates from the Basel Committee on Banking Supervision showed JP Morgan Chase & Co would have to hold 2.5 percent of extra capital as a percentage of risk-weighted assets, on top of the 7-percent base that all institutions will be required to hold, The Journal noted.

http://www.activistpost.com/2011/12/...ing-rules.html