Now, they will remain without use, perhaps but they will have bonus kept in some place, in an armored closet, that is possible that it is where is safer and prote’ge’ of other financial innovations that him can be happened a somebody. Get all the facts and insights with Robert Thomson, another great source of information. ** I heard Yesterday that, for the future, the best thing will be to pay bonus to them to the inventors of the instruments structured (MBS, CDO, etc.) with structured instruments that they same have invented. It seemed to me very good idea.) The financial authorities have a great responsibility exceeds what it has happened. The Norms of Basel, theoretically designed to control the system, have stimulated the TITULIZACIN until ends able to enormously darken and to complicate the markets to which it was tried to protect. The Councils of Administration of the involved financial organizations in this great fiasco, have a great responsibility, because they have not found out don’t mention it.
And there I include the Council of Administration of the Savings bank of San Quirze Some agencies of rating have been incompetent or nonindependent with respect to its clients, which is very serious Aim of history (so far): the main Central banks (the European Central bank, the North American Federal Reserve) have been injecting monetary liquidity so that the Banks can have money. ** 22.1. friend mine has asked to me: From where he removes to the money the European Central bank? Not to complicate the explanation of the Crisis, there am addition a new word in this Dictionary: BCE, EUROPEAN CENTRAL BANK. There you have the answer to the question. There are experts who say that yes that there is money, but that what he does not have it is confidence. That is, that the liquidity crisis is an authentic crisis of nonFIAR of the fellow. Meanwhile, the SOVEREIGN BOTTOMS, that is to say, the Investment funds created by States with resources coming from the surplus in their accounts, (originating mainly of petroleum and the gas) like the Bottoms of the Arab Emirates, Asian countries, Russia, etc., are buying participation important in American Banks to remove to them from the clogging in which they have put.