News, right, politics, science, literature feed: Entries of comments Says ailing US banks must 75 billion dollar 7 May 2009 of abluteau Minister of Finance Timothy F. Geithner, left, and the federal reserve Chairman Ben S. Bernank before reporters to speak about the economy in Washington on Thursday. Swiss federal adjustment authorities said the country the 19 largest banks to increase that she had feared 75 billion dollar additional capital in November, positive judgement over the health of the financial auto loan Gulfport system as the industry only two months. Ten of the 19 bank holding companies as & amp; quot; too big tons fail& amp; quot; by the administration Obama needs additional capital, after the results of the government of the stress tests, appeared end Thursday afternoon. But the 10 banks have, around fewer capitals than some analysts had expected only the other day. & amp; quot; With the
clarity of the today's announcement will, hope we, banks to go, over Suspect In Wesleyan Slaying Turns Himself In - Hartford Courant the activity of the banks, & amp; quot; Treasury Secretary Timothy F. Geithner, said afternoon during a News Briefing on Thursday. Mr. Geithner pointed out that the banks had a long way before itself, over the people the confidence into the financial sector, and that it becomes a good start with the production by loans more. Regulierungs-und of high-level personnel equally bank prognosticates that most of the institutions in the situation, over the necessary capital from private sources - auto loan Gulfport either by the sale of net assets or by transformation of shares nonvoting of the preference stocks in nonvoting common stock. Bank OF America, Wells fargo and Morgan Stanley on Thursday that it capital by the sale of shares. Citigroup, some $ 5,5 billion
capital deficit, extended its offer on a broader group from investors to the transformation preference stocks in common stock. At the end of February the bank announced, somewhat less than half of the $ 45 Stressed for Success? - Wall Street Journal billion at national rescue means into the normal existence, which the United States the property on, which would be now a 34-Prozent-Beteiligung at Citi. Bank OF America must $ 34 billion, but it is to probably resist filling out the capital gap, by it $ 45 billion in preference stocks of the government that Bailout achievement relationship in shares. Instead of together with its share offer, which bank expected, to sell net assets under it a participation in China auto loan Gulfport Construction Bank. And GMAC, which will have to find financing arm of general of engine, around $ 11.5 billion at capital. The government of
the past week gave GMAC more money of the federation, after it explains in agreement with the fact that the creditor for the buyers of vehicles, during Chrysler Chrysler is in bankruptcy. GMAC in former times in a bank holding, and the Treasury department gave it to 5 billion US $ from the Troubled Asset CIA Says It Briefed Congressional Leaders - Wall Street Journal relief Program fund. The stress tests became the estimation, how much each bank would lose, if the economic wing over expects and more deeply than at present. Under that the losses by the 19 banks altogether $ 600 billion this knew Worst Case scenario - an unemployment ratio of 10,3 per cent, an economic decrease of 3,3 per cent in this year 22 per cent and a further decrease of the real estate prices - and in the next auto loan Gulfport year,
or 9.1 per cent of the banks altogether credits, adjustment authorities finally. Altogether $ 455 billion this would know losses for the banks credit portfolios and in the next year. Mr. Geithner, said the stress tests, those far more than the disclosure is typical for enterprises. & amp; quot; That will it possible to come more capitals into contact the stability of the Finanzsystems& amp; quot; , it said. & amp; quot; That makes it more simply for National Day of (Conservative, Christian) Prayer - Wall Street Journal the banks in the situation its, finally for repayment of the Regierung.& amp; quot; The Minister of Finance said, the supervisory authorities is conservative in their estimations for the prevention of risk and expectations of the future yields. & amp; quot; That was a carefully conceived, reliable Test& amp; quot; , it said. Adjustment authorities not, itself for a ouster boss
or a certain demand the board vibrate ups. They said also, it would not be suspending the remainder auto loan Gulfport of the nation the banks to similar stress tests or requires that it additional capital buffer. There most of the test results, at the beginning of this week, the actual numbers oozed to a large extent has to shake little investors or other way. Actually, it explained industry of high-level personnel that it the examination with Bravour existed and their many critics wrongly. & amp; quot; The results the stress should to rest the harmful speculations we have seen auto loan Gulfport in the last Monaten& amp; quot; , Edward L actually explained. Yingling, president of the American of banker Association, nearly five hours before the Treasury and Fed an official the results. Despite the reassuring outlined picture of Mr. Geithner and chairman of the federal reserve,
Ben S. Bernanke, the stress test of results hardly silence of the furious debate between industry Cheerleaders and sceptic over the fact whether the practice amounted to t�nchen of the banks & amp; quot; Tiff over? Democrats present Specter with peace offering - Christian Science Monitor Problems and weak points. Critic for a long time that the Fed and the other Federal Bank had adjustment agencies, the one test, was too easy to happen. & amp; quot; It& amp; #39; s Window Dressing& amp; quot; , Bert Ely, an analyst of many years bank with seat in Alexandria, Va said. Mr. Ely was particularly sceptically to letting enterprise strengthens their balances by the transformation from preference stocks to common. & amp; quot; That does not auto loan Gulfport become still another specially dollar on a bank account of the capital buffer against Verluste& amp; quot; , Mr.
Ely weighted. From the outset, Treasury and Fed an official have guided between what Mr. Bernanke recently as & amp; quot; Scylla and Charybdis& amp; quot; - becomes antagonistic as too simple and too coddling of banks on the one side - so hard and that itself investors and consumers equally to still more fear. But the large question, which He Had the Power of the Happy Man - Wall Street Journal remains unanswered, is the question whether Mr. Geithner and Mr. Bernanke becomes the banks indeed in a way that the adjustment authorities have fear to do, for the years - or whether the adjustment authorities becomes simply & amp; quot; Business as usual& amp; quot; , if the crisis facilitates. In a common explanation on Wednesday evening, federal adjustment authorities it points pointed out that they reserve the right, to vibrate to the Top management and the
executive committees auto loan Gulfport of banks, which correspond on the government for their additional capital. In an interview on Wednesday over & amp; quot; Charlie rose Show& amp; quot; on PBS, Mr. Geithner tried to stress, the government is ready to displace and high-level personnel, if necessary. & amp; quot; This crisis was deeply harmful, because a part this large loss of the confidence into the quality of the guidance on America& amp; #39; s financial establishments on the whole Linie& amp; quot; Blakeslee Will Lead Assembly Republicans - MyMotherLode.com , Mr. Geithner in the interview said. & amp; quot; These institutions, all this of them have a long way before us again that feeling of confidence and the confidence, that for all financial system too gut.& amp; quot; The International Monetary Fund argued that the financial establishments still over 2.3 trillion US Dollar in the value
of unknown losses from toxic net assets at American mortgages and the collapse the real estate bubble. Treasury and Fed an official auto loan Gulfport said the estimations overrate the size of the drilling that itself bank holding companies. Banks keep only one part of these net assets poisonous, them determined, and the American banks even hold a still smaller part of them. Beyond that they determined, US-American banks those already booked, hundreds of billions dollar of losses last year. But Douglas Elliott, analyst with the Brookings institution, said, it was surprised, as little additional capital of the federal reserve and other adjustment authorities Amid turmoil, new Ill. governor nears 100 days - Daily Mail - Charleston had required that the large banks increase. Mr. Elliott had predicted only Tuesday that the banks would have, around altogether 100 billion dollar on 200 billion dollar, and not less than
$ 80 billion. & amp; quot; We must watch out, not to overinterpretation of the Ergebnisse& amp; quot; , thus Elliott wrote in a research note on Thursday mornings. The tests are to estimate, how would be solidly the 19 large banks - defines than persons with more auto loan Gulfport than 100 billion dollar in net assets -, if bore the economy one & amp; quot; negative Szenario& amp; quot; still more badly than Prognostiker were already expected. But during & amp; quot; Nebenwirkungen& amp; quot; - Scenario was accepted that is improbable it also not so many more badly than what happened so far. It assumed for example unemployment became on the average 8.9 per cent in the year 2009 and peak on somewhat more than 10 per Accused Nazi guard loses a bid to stop deportation - Reuters cent in the next year. Like it
happened, unemployment concerned 8.5 per cent in April and knows upward 9 per cent as early as Friday, if the laboratory department release of its occupation for May that is, also analysts agree in the fact that has the economic prospects brightened oneself into the last month or so. A broad spectrum of the youngest indicators - of the consumer spending and the confidence of the consumers at home turnover u
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