Other IMF accounting practices, including how the capital expenditures of government owned enterprises are treated, are also causing outrage.

At a minimum, proprietary trading ought to be financed by banks own capital.

Court public opinion.

Government Accountability or Government Accounting?

D. Recognition of language knowledge

Rather, the banking system is at the brink of insolvency, with a permanent loss in equity capital.

They will continue to deprive the banking system of its equity capital, with little chance of it being recouped in the near future.

The lack of equity resulted largely from the concept of limited liability, which provided an incentive for excessive leveraging.

Accounting for systemic risk has several implications.

Corporations, moreover, are holding the largest amounts of cash, relative to assets and net worth, ever recorded.

(Russia s Pirate Party has been keeping track of them here .)

I am convinced that we need an overall cap on leverage on banks balance sheets, regardless of risk asset weightings or value at risk measurements. The fact that equity to asset ratios are currently averaging out at about 3 tells you everything that you need to know about the inadequacy of the current pro cyclical capital requirement framework.

The fact that equity to asset ratios are currently averaging out at about 3 tells you everything that you need to know about the inadequacy of the current pro cyclical capital requirement framework.

He's a victim of his own success.

She's a victim of her own success.

Tom killed his own father.

Tom murdered his own father.

Tom is afraid of his own son.

Mary is afraid of her own son.

He killed his own father.

She killed her own father.

He murdered his own father.

She murdered her own father.

Tom betrayed his own brother.

Banks would scale down their balance sheets in proportion to their reported equity losses and exacerbate the credit crunch from which the world is already suffering today.

Regulators have proposed steep hikes a Bank of England study, for example, suggested a more than three fold increase.

Lack of equity capital, in turn, made risk averse shareholders hire gamblers to manage their limited liability investment companies.

As a result, commercial providers of debt or equity cannot get the high returns and quick exits that they seek.

UNOPS provides start up funds from its administrative budget only in order to leverage the first one or two projects.

Thereafter, the earnings from these projects serve to leverage additional projects and to replenish the administrative budget.

You lose your sense of self.

Where is our dignity?

You should be ashamed of your ignorance.

They elect their own chief.

The moon doesn't have light of its own.

Tom doesn't own a car.

This company is a victim of its own success.

Capitals of Capital

Capital flight

One post in the middle of August (when the Bank s top cats were certainly away, allowing free rein to the mice) pointed to some of the weaknesses in banks internal capital models, which are at the heart of the Basel 3 capital requirements regime.

To stem this trend, the emerging economies of North Africa, as well as those of Eastern Europe, need to develop homegrown human capital by raising their populations' skill levels.

Deeper European integration, stricter equity requirements for banks, and deeper but homegrown structural reforms are certainly key elements of any solution.

The US financial institutions that went bankrupt in 2008 or that would have gone bankrupt without government help were in trouble because they lacked equity capital.

Europe is in search of its identity.

Good Governance Begins At Home