Saturday, November 5, 2011

In the United States will create a "bank scapegoat»

Banks Finansy26-01-2009 in the United States will create a "bank scapegoat" Clear the country's financial system from the "bad" assets - such as distressed debt - a task set itself a new U.S. administration led by President Barack Obama. The whole "illiquid" is planned to transfer balances to a new bank. Will not "bad" bank time bomb? In the framework of crisis management measures, the team of Barack Obama is considering creating a "bad bank", which can be moved all the "infected" assets from bank balance sheets, reducing the possibility of financial companies to raise funds, said the former head of the Federal Reserve Bank (FRB) of New York, Timothy Geithner, nominated Barack Obama for the post of U.S. Treasury Secretary. According to the analyst of Aton Inga Focsa, the practice of creating "good" and "bad" banks are not new. "This course has already been used in the 90's during the banking crisis in Switzerland. Therefore, the Americans already have a specific analog "- explains in an interview Bigness.ru specialist. The expert notes that such a move Obama is quite logical and correct as at today is the first step that must be taken on the way to stabilize the financial system - is the cleaning of banking on the so-called "problematic" assets.

No comments:

Post a Comment