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Economist Bill Emmons on New Accounting Standards for Banks
Part 4: Regulators Keeping Capital Rules Unchanged
March 25, 2010 (1:36)
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Bill Emmons, assistant vice president and economist at the Federal Reserve Bank of St. Louis, explains what these finalized rules mean for Eighth District and national bankers, as well as financial organizations in general.
Choose another clip:
- Intro: Introduction (1:38)
- Part 1: The Schizophrenic Banking System before the Crisis (3:38)
- Part 2: Big Bank Off-Balance Sheet Problems Come Home To Roost (4:54)
- Part 3: New Accounting Standards Are Tougher but More Realistic (7:11)
Watch Full-Length Interview (18:32)
Additional Resources
- "Fair Value Accounting: Don't Shoot the Messenger!" Central Banker, Summer 2009
- Read about Emmons and his work.
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