How pizza can explain proposed bank capital regulation
Today is the deadline for comments on a proposed rule to increase capital requirements for large banks. It can be useful to think of the money a bank uses to fund its business as a pizza \u2014 some slices are equity, others are debt, and others are unknowns. We’ll dish up that analogy. Sticking with the food theme: Mexican food is increasingly popular with young Americans, and one in 10 eateries serves it.