Archive for the 'Loans' Category

China – the false sense of hope value

Monday, March 23rd, 2009

Everywhere the demand collapses, as the last savior in need is now China. The People’s Republic has huge economic programs. Nevertheless, the world is not out of the crisis.   All those who at an early end to the economic crisis had hoped, in the last painful days on the hard ground of the facts [...]

Term Asset-Backed Securities Loan Facility

Friday, March 20th, 2009

Securitization is dead A new program from U.S. Treasury Secretary Geithner and the central bank is now reviving the market. The criticism rating agencies are already rub their hands. “Term Asset-Backed Securities Loan Facility (Talf) is the bulky name. But on the American Treasury and the Fed dreamed up Wortungetüm rest the hopes of the [...]

US banks stingy with loans

Wednesday, March 18th, 2009

The U.S. public is horrified: State-based banks continue to distribute bonuses and dividends, but keep in loans back. President Obama Geithner and finance ministers will now continue on a double strategy: Obama complains about bonuses. And Geithner urges more lending to the public. According to the survey released Monday evening by the Ministry of Finance [...]