Sentences with phrase «toxic assets from»
Even if the plan to remove toxic assets from bank balance sheets is successful (however «success» might be defined), the rate of foreclosure will be unaffected, because no change in the payment obligations of homeowners will result.
http://hussmanfunds.com/ Not exact matches
March 23: U.S. Treasury Secretary Timothy Geithner unveils plans to buy as much as US$ 2 trillion in unwanted mortgages and other «toxic assets» from banks.
The toxic securitized mortgage assets were not in the Main Street banks and savings and loans; these institutions owned mostly prime quality whole loans and could have bled down the modest bad debt they did have over time from enhanced loan loss reserves.
Consider here what motivated the banks in the first place: a great amount of their assets turned out to be worthless (the famous «toxic» assets) when the bust hit in 2008, and they found it difficult to maintain minimum capital ratios; their deposit liabilities of course remained the same, and initially the level of non-borrowed bank reserves went deeply into negative territory (this is to say, they were forced to borrow directly from the Fed's discount window during this time).
An equal concern is that there is no link between removing «toxic assets» from bank balance sheets and avoiding large - scale home foreclosures and loan defaults.
The International Monetary Fund estimated that major U.S. and European Banks lost as much as 2.8 trillion in toxic assets and bad loans in from 2007 to 2010.
He is a failed idiot and the sooner that he and Clegg leave office the sooner the country can begin to recover from toxic toff supremacy culture, and corporate raiding of our NHS and nationally owned natural assets.
The original proposal was that the federal government would spend many hundreds of billions of dollars buying up so - called «toxic» assets (tied to the collapsing real estate market) from financial institutions, so that they could shore up their balance sheets and prevent world credit markets from freezing up.
«But I hope this report will mean that regulators also take note, because much of the embedded risk from these potentially toxic carbon assets is not openly recognized through current reporting requirements.»
The International Monetary Fund estimated that major U.S. and European Banks lost as much as 2.8 trillion in toxic assets and bad loans in from 2007 to 2010.
Banks benefit from others investing in notes as well because they are able to remove assets that are considered «toxic» from their books.