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Re: Donotunderstand post# 614558

Sunday, 06/14/2020 7:14:02 PM

Sunday, June 14, 2020 7:14:02 PM

Post# of 795592
Please let me correct one typo... it is CET1 capital.It is WAY too complex to explain here. Please Google Basel III Accords/Bank Capital for explanation.

Basel III set standards for what qualifies as capital for Financial Institutions larger than $50 B. Calabria has included bank fortress standards for FnF who are, predominantly, monoline insurers with way lower risk of default or insolvency.