TITLE

Too Much The Investment Banker

AUTHOR(S)
De Ramos, Abe
PUB. DATE
September 2008
SOURCE
International Economy;Fall2008, Vol. 22 Issue 4, p58
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the strategy that would end the financial crisis in the U.S. Ending the crisis requires not only easing liquidity, but also repairing banks' balance sheets and rebuilding their capital base. The solutions offered have been disjointed or inadequate. One of the astounding things about the ongoing efforts to resolve the crisis has been the lack of a clear initiative to inspect banks' balance sheets thoroughly. The measures that Asian governments took to repair their financial sectors during the Asian crisis could provide a template for the U.S. and European bailouts. INSET: Dealmaker vs. Regulator.
ACCESSION #
36068665

 

Related Articles

  • Trillions for the greedy bankers, pennies for their victims. Floyd, Chris // CCPA Monitor;Dec2008, Vol. 15 Issue 7, p8 

    The article reports on the initiative of the national treasuries and central banks to bailout the financial services industry in an effort to address the global crisis. The British has allocated $1 trillion for the bankers, traders and lenders, more than the money offered by the U.S. France,...

  • Philadelphia Lawyer Proposes Homeowner Bailout Bonds to Ease Market Distress. ACKERMAN, ANDREW // Bond Buyer;9/29/2008, Vol. 365 Issue 32971, p3 

    The article focuses on the homeowner bailout bonds proposed by WolfBlock LLP's partner Jeffrey Blumenfeld to ease the U.S. market financial crisis. Blumenfeld's proposal authorizes state housing agencies to sell the bonds and use the proceeds to purchase troubled subprime mortgages. It is...

  • Dutch state cash scheme backs Aegon with £2.4bn. Scott, Tracey // Money Marketing;10/30/2008, p7 

    The article reports on the £2.4 billion government bailout for insurance firm Aegon NV in Netherlands in 2008. The fund is specifically intended to help the company recover and regain its capital position after tremendous impact of the global financial crisis. Part of the bailout is the...

  • Why More Lending Isn't Always the Answer. Albertson, Robert // American Banker;11/12/2008, Vol. 173 Issue 219, p11 

    This article discusses reasons why more lending, especially under the Troubled Asset Relief Program, might not be the answer to the problems with the financial industry in the United States. The author believes that the U.S. government will be making a mistake by asking banks to lend rather than...

  • Banks' share prices dive despite bailout. Thickett, Robert // Mortgage Strategy;10/13/2008, p5 

    The article reports on the impact of credit crisis on the banking industry. It cites that share prices in banks are still low despite government's bailout of £500 billion. Richard Snook, senior economist of Center for Economics and Business Research (CERB), states that financial crisis has...

  • When the economy crumbles (on a Sunday, no less).  // Fort Worth Business Press;9/22/2008, Vol. 20 Issue 37, p39 

    The article reflects on the major financial crisis facing the U.S. government in 2008. It notes that many of the most important financial actions taken by the U.S. government have gone down on weekends. It cites the estimated total amount of the government's various bailouts and loan guarantees....

  • Local economists, stateside analysts weigh-in on proposed bailout plan. Carmona, José L. // Caribbean Business;10/2/2008, Vol. 36 Issue 39, p10 

    The article reports on the impact of the proposed bailout plan on the economy of Puerto Rico. The $700 billion bailout legislation that the administration of U.S. President George W. Bush is promoting would allow the government to buy bad mortgages and other rotten assets held by troubled banks...

  • Economic Stabilization Act: Overview of Transactions Involving Troubled Assets.  // Venulex Legal Summaries;2008 Q4, Special section p1 

    This article provides an overview of how the transactions involving troubled assets of U.S. financial institutions will be made under the Emergency Economic Stabilization Act of 2008. It explains that the Act is aimed at restoring liquidity and stability to the credit markets and includes a wide...

  • Cyprus agrees £10bn bailout with EU and IMF. Dale, Samuel // Mortgage Strategy (Online Edition);3/25/2013, p10 

    The article reports on an agreement of a bailout by Cyprus with European Union (EU) and International Monetary Fund that will lead to huge losses on large deposits. It is noted that a 6.75% levy on savings was threatened by the previous bailout package guaranteed under the EU-wide deposit...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics