Sunday, October 11, 2009

They All Fail

I think Citigroup (NYSE: C) will be invited to further raise funds to insulate against further losses.
But when I read that the Treasury reserves of 19 banks, says Minister of Finance are subject to greater stress test "that suddenly sense. As you know, I studied a little different stress test scenarios.
Emphasis on screening for all banks to go to convince investors that the banks are healthy. Moreover, one or two banks, and example after another in quick Geithner PPIP and dump their toxic assets at reasonable prices. I'm a little ashamed that I do not see this result. Finally Geithner and management became painfully clear that Obama wants to play softball on Wall Street at taxpayer expense. "If I thought and pointed to a bank to give an example? I transfer all banks were a bit obvious. But as one? It seems the worst possible outcome ... ***** Yes, it seems unlikely that a bank is not really stress tests. Because the government's preference for life as easy as possible for the banks, I suspect that we have a "Safety in Numbers" situation. Of all the banks, increasing cash reserves, Geithner is not only banks that really a problem. Geithner and went on to say that even if a bank to raise money, but this does not mean that investors are worried about the health of the bank. It is good to tell us what you think. In later works, Geithner designed to banks or the government TARP conversion of preference shares into ordinary shares, and thus meet higher reserve requirements, or to sell toxic assets to the QPIP. All these complicated intrigues at banks any discussions with the Ministry of Finance and the Federal Reserve will lose points - that the government only say that what the banks. The fact that most of the Obama administration is not the question that really the last word in Washington and Wall Street. ***** The death toll from the swine flu, rising quickly. Yesterday was the 103rd day there are 149, while in Mexico. I see a lot of funny comments to the media use words like "panic" and "pandemic" of the swine flu. Of course, not panic, but I take these animals have severe flu strains. It has spread across the United States, New Zealand, Israel and Canada. There are only 40 confirmed cases of fever in the United States so far and strange symptoms appear considerably less than 149 people in Mexico

No comments:

Post a Comment