- Brain-Dead - politico, 02.07.2004, 21:47
- Re: Brain-Dead - schon 12 Jahre im Coma? - Digedag, 02.07.2004, 22:23
Brain-Dead
-->Moreover, since the demise of the New England bank, several of the largest East and West coast money center banks have been kept alive through a combination of deposits from the Treasury, discount window advances and"off- balance sheet" loans orchestrated by an increasingly politicized central bank. In an effort to disguise the full scale of official assistance to some of the biggest brain-dead banks, the Fed reportedly avoids high visibility discount window loans, preferring"indirect" support by extending verbal ''guarantees" to healthy banks, which lend to troubled peers - essentially ''off-balance sheet" financing by the central bank.
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With institutional investors avoiding transactions involving certain money center institutions, even for overnight deals, and little significant funding support apparent in weekly Fed statements, a combination of covert Treasury deposits and"indirect" support from the central bank appears to be the only way to explain how loss-ridden behemoths such as Chase, Citicorp and Wells Fargo remain open for business.
Wie lange halten sie das noch durch?
Oder wie lange wollen sie es durchhalten? bis zur Wahl?
Politico.
<ul> ~ PRESIDENT BUSH'S INVISIBLE HAND</ul>

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