Editorial: Basel III rules aren't strong enough

09/22/2011 | Bloomberg Businessweek

JPMorgan Chase CEO Jamie Dimon called the Basel III bank rules "anti-American," and suggested that the U.S. break from global regulators. "Dimon is absolutely right, but for the wrong reasons," according to this editorial. "The new banking rules, known as Basel III, are too weak, not too strong."

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