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Listen to native speakers pronounce “basel ii” in real conversational contexts with synchronized timestamps and subtitles.
Bad regulation. And now, because they saw that the banks were gaming this regulation.This regulation, by the way-- Basel II-- was not implemented in the US except, guess what, for the investment banks, the same investment banks that got into the most trouble.It was the deposit institution because Sheila Bair, who was the head of the FDIC, didn't like those risk weights.
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