SI
SI
discoversearch

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (44140)12/31/2003 8:52:20 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Understand your response. The difference of what we see is explained by the differing macro vs. micro economic take, and in the short run, micro runs the show, and the long run, macro dictates the terms :0)



To: tom pope who wrote (44140)1/6/2004 12:21:03 PM
From: energyplay  Read Replies (3) | Respond to of 74559
 
Hi Tom - the US has been through this last recession with very few major bank failures - maybe Providian credit cards and some sub prime auto lenders, to include other financial areas .

WHy no big bank problems ?

SOme theories -

1) Real estate loans were held in check because of recent experience.

2) Loan standards for smaller enterprises were too high, aviding defaults but starving many firms of capital.

3)THe nasty loans were in telecom, and they were syndicated areound to spread the risk.

Comments- the no big bsnks failing is the dog that did not bark during the night, and may be important...