It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Regulators prep defenses to survive bank crisis
www.reuters.com...
WASHINGTON (Reuters) - U.S. regulators are set to buttress their defenses this week against a slew of sick banks still facing closure and the risks to the dwindling fund that protects depositors.
The Federal Deposit Insurance Corp has been looking at expanding the pool of potential bidders for distressed banks, providing some capital relief for troubled assets that will soon be brought back onto banks' books, and charging further industry premiums to replenish the insurance fund.
All of these moves are geared to get the banking industry, and the agency charged with ensuring the industry's safety, through a financial crunch that is coming to a head.
"We're working through this problem. We're not at the beginning, we're not at the end," said James Chessen, chief economist for the American Bankers Association. "We're in the middle and it's painful."
The White House acknowledged Tuesday that the federal deficit is rising faster than expected, and Republicans seized on the prospect of $9 trillion in red ink over the next decade as another reason to put off action on health care.
The number of points heading down times the slope result in a negative linear trend line, even though the index ends up the session in the positive territory.
That calls for buying at 3:00 and selling at 10:00 the next day.
Originally posted by DangerDeath
Actually, everything is negative, and all "progress" is negative, but watched in a mirror it looks like "positive growth".
The logic of "better than expected" is now fully operational.
It seems that the PTB are now excelling in "gaining from the loss".
We live in an inverse world
They say that the concept of relativity can be only understood through mathematics. It looks that we are heading toward a world wherein going to the bathroom would require a PhD.
Originally posted by marg6043
reply to post by stander
Don't worry Goldman Sach is providing all the mask the Dow need for oxygen, BTW I thought you were one of the Goldman protégé and getting all that good inside information
Originally posted by DangerDeath
reply to post by stander
I work for Alvin Lee.
I listen to him
Originally posted by marg6043
reply to post by DangerDeath
Common, you are now pulling my leg too? hey I am a tough cookie to convince.
Originally posted by marg6043
reply to post by DangerDeath
Common, you are now pulling my leg too? hey I am a tough cookie to convince.