http://www.crisisbydesign.com/blog A LOOK BEHIND THE WIZARD’S CURTAIN Sat, 03 Apr 2010 13:26:53 +0000 en hourly 1 http://wordpress.org/?v=3.0 http://www.crisisbydesign.com/blog/the-financial-crisis/bank-for-international-settlements/ http://www.crisisbydesign.com/blog/the-financial-crisis/bank-for-international-settlements/#comments Tue, 30 Jun 2009 18:01:31 +0000 Bruce http://www.crisisbydesign.com/blog/?p=48 http://www.crisisbydesign.com/blog/the-financial-crisis/bank-for-international-settlements/feed/ 7 In a story that sends one down the rabbit hole of international finance into the Alice in Wonderland world of the Bank for International Settlements (BIS), the gnomes of Basel said today that financial products should be treated like medicines and sold to consumers only when they are certified safe to prevent a repeat of last year’s financial meltdown.