Uncle Sam, Banker

Posted by admin | Posted in Anything | Posted on 13-04-2009

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Uncle Sam has for you. Open a new account with his bank checks directly to the entrance and a new toaster. Plus a few CD’s and you could be the next big winner a trip to Hawaii.

And do not forget about Uncle Sam’s refers to the house of justice and the auto-loan – the conditions in advance, free of charge.
Is the visit of our way in the coming months, when it comes to the banks of the nation?
The current go more and more into the banks. We already have Uncle Sam over hundreds of billion dollars in preferred shares of banks around the nation. And what with them long-term calls on the stocks of these banks – the distinction between public and private property is quickly slide away.
Yesterday was the flight of the West Wing was, his rights of shareholders to try to fell its muscles in the area of the bank. The current president is rumors want compensation incentive pay, including the banks – that they are in danger or even to receive TARP flow and capital.
Scary right?
And with the recent strike down the holders of convertible debentures and the owners of the warehouse, and soon more of Chrysler with General Motors – the market does in fact take some of these threats very seriously.
Currently, banks have a number of programs that are under pressure from government capital their way.
We worked with the Federal Reserve Bank, which inflated its assets by more easing rules for these types of assets that can be used for loans and reserves. Then we have to have loans through securitization of loans and all of the assets of banks.
Then we will continue with the TALF – Terme or asset-backed security ready. It is a further wave of hundreds of billions, for all loans in securities that are actually purchased by the Government of the United States.
And we have just begun, another acronym – the PPIC – Public Private Investment Corporation. That is the bad assets of banks are selling the public with the loan of the Government of the United States and credit guarantees, based on the asset side, whether the loan it the money until the end.
Oh, and something else – the FDIC provides insurance for the banks in bonds – all at the top for the expansion of insurance for the deposits of banks.
Summing it up – Uncle Sam has preferred to keep the item and asks the communities. It has the property and loan trillions of dollars and assets of the bank is to dictate to the banks and the remuneration of management.

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