Federal banking regulators on Wednesday were unable to say when they might finalize rules under the international Basel III accord that would require banks to increase the capital backing their assets and change the way they determine the riskiness of their investments and loans.
Bank Regulators Can't Say How Long it Will Take to Finalize Basel III Rules
NOV 14, 2012 5:08pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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