limits, if they understood the distinction at all. However, in view of the problems with Basel I, it seems likely that some hybrid of accounting and notional leverage will be used, and the leverage limits will be imposed in addition to, not instead of, Basel II economic leverage limits.

2008 financial crisis

The 2008 financial crisis, like many previous financial crises, was blamed in part on excessive leverage. Consumers in the United

1.Previous
3.Next