Can anyone please tell me how Basel II effects sub prime lending and the recent crisis?

November 25th, 2007 | by admin |
Annette W asked:


Can someone please tell me how sub prime lending and the recent crisis was effected by the implementation of Basel II
thanks

Rick
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    1. One Response to “Can anyone please tell me how Basel II effects sub prime lending and the recent crisis?”

    2. By Damn_ I'm_good on Nov 25, 2007 | Reply

      It shouldnt have been affected at all, as Basel was more along the lines of INTERNATIONAL banking law.

      To the extent that foreign entities put their monies at risk here, that would be their exposure….

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