CSPAN Public Affairs July 16, 2013
Very fortunate that i got in position to collaborate with others in trying to realize some of those things. In is a question from twitter that i was also interested in. The question is, how does the fed evaluate costs and benefits of Equity Capital requirements . How do you get to that number compared to where basel was . We did an awful lot of work on capital ratios, both the levels that seemed prescribed or needed in order to reduce e chances of financial instability but also the cost of the economy. We did a lot of that in collaboration with other Basel Committee members in a quite substant...