The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: NOW	5/7/2009 4:52:22 PM
	Read Replies (1) of 306849

GEITHER AND CHARLIE ROSE: UFB read the last line. this man is a terrorist threat to the USA CR:You will set the standard as to how much capital they need and they will tell you how much capital, or you will help them define how much capital they have. TG: Thats right. CR: ...and therefore theres a shortfall, in some cases, in some cases there will be none. TG: There will be a shortfall in some cases, but again, this is not a solvency thing. There's very significant cushions in these institutions, today, and all Americans should be confident that these institutions are going to be viable institutions going forward. This is designed to make sure that the economy will be able to benefit from larger lending capacity going forward, in the event we were to face greater uncertainty again about a deeper recession. So it's like insurance... against... precautionary insurance against the risk of a deeper recession. That'll help make recovery more likely, because then banks won't have to keep behaving against the possibility that they have to protect themselves against things getting worse. So that's the dynamic this'll help us with.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next