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lquadland10 (< 20)

The Fed says the Banks are safe.

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41

March 15, 2013 – Comments (6) | RELATED TICKERS: GS , JPM , BAC

Nope. I don't know when and then there is the 16.69 trillion in only March. We are being saved by the Social Security Collection and all other Government Trust. Not good in the Derivatives area.  Derivatives and Currency is 626 TRILLION dollars.   Can the Banks survive that. Can the World?

 

 Private Equity Crash Could Trigger Next Financial Crisis, Bank of England Warns
March 15, 2013 • 9:05AM
The Bank of England has issued a warning that the huge amounts of bad loans on the books of banks that lent to equity firms for their wild leveraged buyouts of corporations prior to the crisis, will be the trigger for the next financial crisis. The warning came from a report published today in the Quarterly Bulletin of the Bank of England, which added that the BOE would use its new role as the watchdog of the City of London to monitor private equity deals in future "episodes of exuberance" to prevent a repeat of the debt-driven takeover boom in the run-up to the banking crisis.
"In the mid-2000s, there was a dramatic increase in acquisitions of U.K. companies by private equity funds," the Bank said, according to today's Daily Telegraph. "Many of these buyouts, especially the larger ones, were highly leveraged and the increased indebtedness of such companies poses a risk to the stability of the financial system — a risk that is compounded by the need for companies to refinance debt maturing over the next few years in an environment of much tighter credit conditions."
The problem is that the banks that financed these deals, are giving "forbearance" to these companies despite the fact that much of this debt is bad, and fears that they might go bust. It added that refinancing could prove to be a new "challenge" in 2014, which is the date that much of this debt comes into maturity.
The statement pointed out that this has created a "heightened fragility of the corporate sector."

 

1913 WORST YEAR EVER: 100 YRS OF PROGRESSIVE LIBERALISM.

1) The federal reserve is created.
2) 16th amendment reinstates the federal Income tax.
3) 17th Amendment kills federalism/state rights.
4) first TYRANT, Wilson Inaugurated.

6 Comments – Post Your Own

#1) On March 16, 2013 at 11:41 AM, TheDumbMoney (38.61) wrote:

You have been wrong about pretty much everything you have posted for the three years I have been coming to this website.  Does it ever get tiring?

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#2) On March 17, 2013 at 10:45 AM, lquadland10 (< 20) wrote:

The Dumb Money. Nope.   Because early is wrong but I have been right.

What’s happening in Cyprus should send a chill over the entire world Socialists ready to make power grab of world citizens’ money

http://canadafreepress.com/index.php/article/53818

 

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#3) On March 18, 2013 at 8:27 PM, fewl10 (< 20) wrote:

No comments about milking cows and udder destruction coming?  Along with robots ushering in a new era?  What's going on Alstry?

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#4) On March 19, 2013 at 12:43 PM, lquadland10 (< 20) wrote:

Thank you Fewl10 I will show him that. Giggling he will get a laugh out of it. This lady says if the banks get looted how will the housing market stand up?Hummmmm so do you think they will take the Russian money from the banks in Cyprus?

Russian Navy to send permanent fleet to Mediterranean

http://rt.com/news/fleet-mediterranean-russia-ships-390/

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#5) On March 20, 2013 at 5:14 PM, NewAlchemist (34.55) wrote:

Nobody likes getting robbed.

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#6) On March 27, 2013 at 7:45 PM, L0RDZ (84.22) wrote:

The banks  are  safe until  they  aren't seems  to be the  mantra  these days.

I  think  what  they  mean  are  these banks  are  safe  from  common  day  walk  in  bank  robbers  ?

Sadly  the  robberies  are  happening  from  the inside  and  under  many  disguises. 

Honestly I  would  have  much  rather  allowed the  banks  to  fail  and  allow  for  the  dust  to  clear.

Where  exactly  did  all  the  profits  disapear off  to ?

Secret  slush  funds  in  the  quad  trillions.

In  my  imaginary  realm  I'd  love  to  round up a  few of  the over weight  fat  cats  and  administer  a  little  poetic  justice  like  maybe  locking them  into a  room  filled  slowly and completely filled with pennies ~  grinz.

 

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