Tag Archives: Basel

Quote of the Day

“One solution is giving back to bank creditors the job of policing bank risk-taking. Roll back deposit insurance, for instance. We may not be able to see the future, but we can incentivize caution as a general matter. And we can improve the odds that, when banks make mistakes, they won’t all make the same mistake at the same time.”

— Holman Jenkins, The Wall Street Journal, January 18, 2011