On the recordJuly 19, 2010
I am delighted they are talking about the capital standards, but this is going to involve different levels of domestic political pain depending upon the country.
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Evan Bayh
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congress.govEvan Bayh: “I am delighted they are talking about the capital standards, but this is going to involve different levels of domestic…”
Editor's note · Context
Bayh emphasizes the political challenges countries face in implementing capital standards.
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More from Evan Bayh
Sep 29, 2010
The reason for the study, as I recall, was that many of us understood that there was a potential risk here that probably had to be dealt with.
Nov 15, 2010
Well, and if they have to be focused on capital preservation, then obviously they are not lending, and that is yet another drag upon the recovery, isn't it?