The new Basel III global bank regulations will make top US banks short of $125 billion
Sam Adelton
Nov. 21, 2010

The financial meltdown may accelerate and a second US bank bailout may be in the cards since US banks already losing money will be short $100bn and $150bn in equity capital after the new Basel III global bank regulations are imposed.

The biggest shortfalls are with the biggest American banks. Bank of America, Wells Fargo and Citi Bank will face biggest short fall. The Federal Reserve is aware of the situation and is worried about the matter. The stock market is deeply nervous and the treasury fixed income market has already started a nasty bear leg downturn.

According to the new Basel III global bank regulations, the banks will need to hold top quality capital equal to 8 per cent of their total assets, adjusted for risk.

According to some sources, the US banks are planning to ask help from Obama Administration with a new bailout program to provide free aid to falling American banks.

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