|A recent selfie...|
Well, have finally finished reading the 450 page, "second coming" of NCUA's risk-based capital rule (RBC). Now, that you and I have both spent the time to do our "due diligence" in reading this significant piece of.... ("legislation"), guess we should talk about it a bit.
The proposed RBC rule is a full-face reflection
of the character, capacity, and credibility of the "working group" at the NCUA. The RBC rule quite simply lacks character, capacity, and credibility.
We are at a crossroads....