Proof That Basel 2 Caused Ponzi Housing and Foreclosuregate

Proof here that the Ponzi Housing Scam Was Premeditated. Must Read.


Proof That Basel 2 Caused Ponzi Housing and Foreclosuregate

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  1. Politically, it was difficult to implement Basel II in the regulatory environment prior to 2008, and progress was generally slow until that year's major banking crisis caused mostly by credit default swaps, mortgage-based security markets and similar derivatives.
    Basel II Compliance

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