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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (10257)10/19/2006 9:12:44 AM
From: elmatador  Respond to of 217830
 
Brazil is ahead. Bank sector restructured in 1995. See: Restructuring the banking sector: the PROER and PROES

At PROES inception 35 financial institutions were controlled by state governments, out of which 23 were commercial or universal banks. By August 2000, ten had been closed, 13 either privatised directly or federalised prior to privatisation. Only five banks remained under state control after restructuring and recapitalisation, while a number of states chose the option to transform their banks into development agencies that are not authorised to lend to state governments. The federal government had issued BRL 55.4 billion in federal securities (equivalent to 5.8 per cent of GDP in 1999) under PROES. The participation of state-level banks in the financial sector has thus shrunk drastically, from about 18 per cent of financial sector assets and liabilities in 1994-97 to around 3.5 per cent by the end of 2000.

interdev.oecd.org

I want to see Germany restructure theirs.



To: TobagoJack who wrote (10257)10/19/2006 9:28:10 AM
From: foundation  Respond to of 217830
 
ot -- Riverbend returns

riverbendblog.blogspot.com

billmon reflects

billmon.org

"... In the end, we were all good little Germans..."



To: TobagoJack who wrote (10257)10/19/2006 10:18:43 AM
From: foundation  Respond to of 217830
 
ot - Fred

A Bush In Need Of Pruning

Fred - October 10, 2006

<snip>

I miss the days of smoke-filled rooms when crooked pols chose corrupt presidential candidates who were approximately sane. Today we have a sort of presidential bus-station lottery. We choose as ruler any beer-hall putz who can shake hands and grin his way successfully through New Hampshire. This, plus the deep rot of the American political framework, is allowing the rapid conversion of the United States into something previous Americans would hardly recognize.

Permit me a foray of a paragraph into psychojournalism. It fascinates me to know that George Bush was a male cheerleader at Andover. Yes, it could have been worse. He might have been a table-dancer. But most of us who were in high school when he was recognize that you either came to watch football, or you came to watch the girl cheerleaders. There was something odd about a boy who wanted to be one.

We are ruled by a male cheerleader who favors torture. I wonder what things twist in the inner fog.



...

<snap>

fredoneverything.net



To: TobagoJack who wrote (10257)10/19/2006 1:35:43 PM
From: Maurice Winn  Read Replies (1) | Respond to of 217830
 
Wasn't that meant to be last October [2005] or 2001 [the original timetable]? <i figure we are due for another banking crisis in about 36-48 months :0) > Will that be like Japan's of the 1990s, or NZ's of the 1980s, or Germany's of the hyperinflation, or something else?

Mqurice



To: TobagoJack who wrote (10257)9/16/2008 11:16:18 AM
From: elmatador  Read Replies (1) | Respond to of 217830
 
TJ totally wrong prognostic! "i figure we are due for another banking crisis in about 36-48 months"
Message 22923528

10/19/2006 above

The crisis came 23 in months NOT in 36. So your prognostic was wrong!



To: TobagoJack who wrote (10257)9/16/2008 11:18:08 AM
From: elmatador  Read Replies (1) | Respond to of 217830
 
To your forecast I replied: Message 22923528

Bank sector restructured in 1995. See: Restructuring the banking sector: the PROER and PROES.

Only now US banks are being sanitized.