Downing Street Says

» Monday, September 13, 2010

Misc

Asked if the Prime Minister would be meeting the Pope, the PMS said yes; they would have a private meeting on Saturday.

Asked if the Prime Minister thought anything good came out of the Basel committee, the PMS said yes; the regime needed to be looked at in the wake of the financial crisis. One of the problems that we had previously was that banks did not have sufficient capital held against potential losses and these proposals were designed to deal with that.

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Misc

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