tag:blogger.com,1999:blog-912107698547747613.post592643370165415019..comments2023-10-23T22:07:07.535+01:00Comments on London Banker: Weaning the banks off the Old Lady's teatLondon Bankerhttp://www.blogger.com/profile/13358082683340132378noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-912107698547747613.post-7477643223284583902008-09-11T13:10:00.000+01:002008-09-11T13:10:00.000+01:00Beautifully written article. Thanks.Beautifully written article. Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-912107698547747613.post-19895414680992728722008-09-09T10:50:00.000+01:002008-09-09T10:50:00.000+01:00And just out on the wires: Darling proposing to ex...And just out on the wires: Darling proposing to extend or renew the SLS.<BR/><BR/>The die was cast this time last year with the Rock fall. The losses incurred by the privately owned banks will be socialised.<BR/><BR/>Plus ca change......as JPMorgan would have said.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-912107698547747613.post-83848609074790908932008-09-07T03:40:00.000+01:002008-09-07T03:40:00.000+01:00Thanks for the great postingSo do you think she re...Thanks for the great posting<BR/><BR/>So do you think she <I>really</I> means it this time?Thaihttps://www.blogger.com/profile/00700253024420397221noreply@blogger.comtag:blogger.com,1999:blog-912107698547747613.post-67264942679877364502008-09-06T04:32:00.000+01:002008-09-06T04:32:00.000+01:0029 Bil BSC25 Bil to 5 Tril FNM FREFDIC to open cre...29 Bil BSC<BR/>25 Bil to 5 Tril FNM FRE<BR/>FDIC to open credit line with Treas<BR/>Big 3 Automakers to get gov't support<BR/>Airlines being gov't propped<BR/><BR/>Getting very bad out there. Any possibility of a revision from a debt crashing deflation to a full backstopping gov't with hyperinflationary printing?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-912107698547747613.post-54817444027313379952008-09-05T22:44:00.000+01:002008-09-05T22:44:00.000+01:00@ JesseThanks for the Volker link. Yep. Scary ti...@ Jesse<BR/>Thanks for the Volker link. Yep. Scary times coming after the hype of the election passes in the US.London Bankerhttps://www.blogger.com/profile/13358082683340132378noreply@blogger.comtag:blogger.com,1999:blog-912107698547747613.post-68794146191365243712008-09-05T19:44:00.000+01:002008-09-05T19:44:00.000+01:00Paul Volcker just said that the crisis is "the mos...Paul Volcker just said that the crisis is "the most complex he has ever seen" and that any support for the banks must be accompanied by "additional regulation". The slowdown will be "the worst since the Great Depression."<BR/><BR/>In addition to high rates of interest, it appears that the reinstatement of some old regulatory safeguards will be required for the central bank to lend freely.<BR/>http://jessescrossroadscafe.blogspot.com/2008/09/volcker-says-crisis-most-complex-hes.htmlJessehttps://www.blogger.com/profile/10098169118867085623noreply@blogger.comtag:blogger.com,1999:blog-912107698547747613.post-8525280912846609882008-09-05T18:14:00.000+01:002008-09-05T18:14:00.000+01:00"it's very important not to confuse the two"I'm co..."it's very important not to confuse the two"<BR/><BR/>I'm confused. In essence is he saying that the SLS was a mistake because they hadn't realized that the bank's assets were toxic?<BR/><BR/>I do like what I've read about Mervyn King so far. I wish we had an adult in our banking system who would call a stop to all this pretending.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-912107698547747613.post-20132979176544320462008-09-05T15:53:00.000+01:002008-09-05T15:53:00.000+01:00It's not the teat, it's the tumidity.It's not the teat, it's the tumidity.Anonymousnoreply@blogger.com