"There has also been too much off-balance sheet activity".
He also said banks had been guilty of underpricing risk and doing too much off-balance sheet activity.
The cell sheet reattachment assay, the flow cytometry test of survival of detached cells, and live-dead staining were important indicators of cell sheet activity.
Dodd-Frank specifies that "capital requirements shall take into account any off-balance-sheet activities of the company".
El Paso said it would sell $2.25 billion in assets, cut capital spending, issue new stock and eliminate off-balance-sheet activities that have raised investors' eyebrows.
The more a bank is legally limited in terms of easily measurable size, the more it may resort to off-balance-sheet activities to make up the difference.
Maybe tough new rules for off-balance-sheet activities could limit this problem, but the overall history of financial regulation belies that view.
They have also restricted banks' off-balance-sheet activities, often disguised as trusts, which they can do fairly easily because they regulate trust firms directly.
Rather than "snapshots" of banks' balance-sheets, which are riddled with accounting quirks, they should use rolling "stress tests" that try to capture losses over several years, taking into account off-balance-sheet activities as well as banks' core profits.
Banks will have to satisfy the FSA on their assessment of all manner of liquidity risks, from the "stickiness" of wholesale and retail funding to contingent exposures to off-balance-sheet activities.
If the rule says that above 10% an item should be shown, then those with something to hide go for 9.9%.Areas where the accounting rules are still dangerously murky include: Off-balance-sheet activities.
