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20/10/2009
Bank Information Center: IDB Rush to Increase Capital Fails G-20 Stress Tests
Bank Information Center (BIC):
IDB Rush to Increase Capital Fails G-20 Stress Tests Friday, October 16, 2009 Dear Friends, It’s a pleasure to share this edition of the BICECA Monthly Bulletin- October 2009. In this edition you will find “A Serious Crisis Should Never go to Waste: IDB Rush to Increase Capital Fails G-20 Stress Test”, a summary of an in-depth analysis of the IDB’s eligibility for a General Capital Increase. The reported $180 billion GCI request is the ninth and largest by far in the IDB’s fifty year history – more than four times any prior GCI. The report by Vince McElhinny provides a scorecard of the IDB’s performance across six key areas and offers recommendations for reform before a recapitalization is approved. The complete bulletin with images and footnotes in PDF format: http://www.bicusa.org/admin/Document.101566.aspx | ||