2013-05-01 — rollingstone.com
``There are many other loony arguments in the report. It claims that by going farther than the Swiss Basel III international accords would in demanding bank safety, the U.S. would be "abandoning its seat in global banking reform," which might make the U.S. banking industry "less competitive in world financial markets." But this is exactly the opposite of the truth -- by taking these bold steps, the U.S. would very much be acting as a leader in global banking reform, and the increased safety and transparency of our banking system would make our banks more competitive globally, not less.''
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