The Federal Deposit Insurance Corp may ask healthy U.S. banks to lend billions of dollars to restore the health of the depleted fund that safeguards bank deposits, the New York Times reported, citing senior regulators.

The paper said the initiative, which has gathered strong support across the board, is seen as a more attractive alternative to tapping the $500 billion line of credit with the U.S. Treasury, or yet another emergency assessment.

According to the paper, the FDIC was reluctant to approach the Treasury department for additional funds, since any new borrowing could be seen as a bailout, and have a strong political reaction.

The FDIC, whose board members were yet to reach a consensus on the issue, is expected to issue a proposed plan next week, to replenish the dwindling fund, the paper said.

The FDIC could not be immediately reached for comment.



FDIC may tap U.S. banks for funds: report | U.S. | Reuters

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La FED estudia ayudar al Tesoro a rescatar el fondo de garantía de depósitos - Libertad Digital

MÁS DE 2.000 BANCOS BASURA EN EEUU
LA FED ESTUDIA AYUDAR AL TESORO A RESCATAR EL FONDO DE GARANTÍA DE DEPÓSITOS.

La Reserva Federal de Estados Unidos está considerando ayudar al fondo que se usa como garantía de los depósitos bancarios de los clientes. En lo que va de año han quebrado 92 bancos y este instrumento de cobertura está en quiebra técnica. De momento el Tesoro sale al rescate

La Reserva Federal de Estados Unidos está considerando seriamente ayudar al fondo que se usa como garantía de los depósitos bancarios de los clientes. En lo que va de año han quebrado casi un centenar de bancos en EEUU y este instrumento de cobertura está en quiebra técnica. De momento es el Tesoro el que sale al rescate.

“Todas las opciones están abiertas”, asegura la responsable de la Corporación Federal de Seguros de Depósitos (FDIC, por sus siglas en inglés), Sheila Bair. La razón es sencilla: desde 2007 han quebrado 120 entidades financieras en EEUU y el fondo se ha quedado sin dinero, tal como avanzó LD. Esta semana representantes de los organismos supervisores bancarios (entre ellos de la FED) se reuinirán con Bair para estudiar las opciones de rescate, informa Reuters.

De momento, el organismo que preside ha tenido que hacer uso por primera vez de la línea de crédito facilitada por el Tesoro de EEUU, con un límite máximo de medio billón de dólares. Es decir, el Gobierno emite deuda pública (impuestos futuros) para garantizar los depósitos bancarios de los ciudadanos.

Aunque estas fondos parecen ser insuficientes, a tenor de las declaraciones de Bair, que apunta a varias reuniones con responsables de la Reserva Federal para que el organismo monetario también inyecte dinero en este instrumento de garantía de los depósitos.

Más de 2.000 bancos con problemas

En lo que va de año, 92 bancos estadounidenses han quebrado, comparados con los 25 que cerraron en 2008 y los 3 de 2007. Aunque la situación puede ser, incluso, más grave, según revelan los cálculos de Institutional Risk Analytics (IRA).

Este organismo ha realizado un análisis del sector financiero estadounidense muy revelador. Mientras que el FDIC considera que, al menos, 400 entidades financieras están en riesgo de quiebra, el IRA eleva esta cifra a 2.256 bancos. El organismo califica a estas entidades con una nota (rating) de "F", peor que la de los bonos basura, y estima que alrededor de 1.000 entidades tendrán problemas en los próximos meses.



De momento, el FDIC ha anunciado el primer ganador en las pujas por la compra de activos tóxicos, según Associated Press. La agencia informa que Residential Credit Solutions (RCS) pagará 64.200 millones de dólares para adquirir una participación del 50% en una nueva compañía que tiene aproximadamente 1.300 millones de dólares en hipotecas provenientes de la bancarrota de Franklin Bank. Como parte del acuerdo, la nueva empresa emitirá un bono (deuda) valorado en 727,8 millones.

La venta forma parte del plan gubernamental PPIP, el Programa de Inversión Pública-Privada, para eliminar los activos tóxicos de los balances de los bancos.

El incesante número de rescates bancarios llevados a cabo por el supervisor en lo que va de año ha elevado el coste asumido por FDIC hasta casi 20.000 millones de dólares mientras que en 2008 el coste fue de 17.600 millones.



En este sentido, la agencia federal impuso a finales del primer trimestre a los bancos afiliados el pago una comisión de emergencia con el objetivo de incrementar los fondos disponibles de cara al rescate de entidades.

Imágenes Adjuntas

rescatadores.jpg (88,9 KB (Kilobytes), 305 visitas)

Rescatar al fondo de garantía? A alguien mas le parece una locura que se hablen de brotes verdes y de rescatar un fondo de garantía al mismo tiempo?

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jobless recovery

FDIC May Ask Banks for a Bailout - General * US * News * Story - CNBC.com

FDIC May Ask Banks for a Bailout
Published: Tuesday, 22 Sep 2009 | 1:46 AM ET

By: Stephen Labaton
The New York Times

Tired of the government bailing out banks? Get ready for this: officials may soon ask banks to bail out the government.

Senior regulators say they are seriously considering a plan to have the nation’s healthy banks lend billions of dollars to rescue the insurance fund that protects bank depositors. That would enable the fund, which is rapidly running out of money because of a wave of bank failures, to continue to rescue the sickest banks.

The plan, strongly supported by bankers and their lobbyists, would be a major reversal of fortune.

A hallmark of the financial crisis has been the decision by successive administrations over the last year to lend hundreds of billions of taxpayer dollars to large and small banks.

“It’s a nice irony,” said Karen Shaw Petrou, managing partner of Federal Financial Analytics, a consulting company. “Like so much of this crisis, this is an issue that involves the least-worst options.”

Bankers and their lobbyists like the idea because it is more attractive than the alternatives: yet another across-the-board emergency assessment on them, or tapping an existing $100 billion credit line to the Treasury.

The Federal Deposit Insurance Corporation, which oversees the fund, is said to be reluctant to use its authority to borrow from the Treasury.

Under the law, the FDIC would not need permission from the Treasury to tap into a credit line of up to $100 billion. But such a step is said to be unpalatable to Sheila C. Bair, the agency chairwoman whose relations with the Treasury secretary, Timothy F. Geithner, have been strained.

“Sheila Bair would take bamboo shoots under her nails before going to Tim Geithner and the Treasury for help,” said Camden R. Fine, president of the Independent Community Bankers. “She’d do just about anything before going there.”

Bankers worry that a special assessment of $5 billion to $10 billion over the next six months would crimp their profits and could push a handful of banks into deeper financial trouble or even receivership. And any new borrowing from the Treasury would be construed as a taxpayer bailout that could open the industry to a political reaction, resulting in a wave of restrictions like fresh limits on executive pay.

Any populist furor could be avoided, the thinking goes, if the government borrows instead from the banks.

“Borrowing from healthy banks, instead of the Treasury, has the advantage of keeping this in the family,” said Karen M. Thomas, executive vice president of government relations at the Independent Community Bankers of America, a trade group representing about 5,000 banks. “It is much better for perceptions than having the fund borrow from somewhere else.”

Ultimately, officials say, the deposit insurance corporation could settle on a plan that replenishes the insurance fund by doing some of both: borrowing from healthy banks to shore up the shorter-term liquidity needs of the fund, and imposing a special fee on banks to increase the longer-term capital level of the fund.

Since January the FDIC has seized 94 failing banks, causing a rapid decline in the deposit insurance fund. Despite a special assessment imposed on banks a few months ago to keep the fund afloat, its cash balance now stands at about $10 billion, a third of its size at the start of the year. (Another $32 billion has been set aside for failures that officials expect to occur in the coming months.)

* Slideshow: Bank Failures in 2008

The fund, which stands behind $4.8 trillion in insured deposits, could be wiped out by the failure of a single large bank, although the deposit insurance corporation could always seek a taxpayer bailout by borrowing from the Treasury to stay afloat.

Officials say that the FDIC will issue a proposed plan next week to begin to restore the financial health of the ailing fund.

There is no consensus among the five board members, consisting of Ms. Bair, two other FDIC officials, and the heads of the Office of Thrift Supervision and the Office of the Comptroller of the Currency. Others may propose novel ways to replenish the fund, for example, by asking the banks to prepay the premiums that they were planning to make next year.

Borrowing from the industry is allowed under an obscure provision of a 1991 law adopted during the savings and loan crisis. The lending banks would receive bonds from the government at an interest rate that would be set by the Treasury secretary and ultimately would be paid by the rest of the industry. The bonds would be listed as an asset on the books of the banks.
This story originally appeared in the The New York Times

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Quid pro quo,clarice....

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En realidad son 94 bancos

Rescatar a los rescatadores es algo que ya no me sorprende en absoluto dado lo desquiciada de la situación.
China debería forzar la situación y hundir a USA.Es el momento,están muy débiles.

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"Vrotes berdes"

Si sirve una imagen


Solo tiene 2 decimos de centavo por dolar depositado y asegurado en sus reservas y eso a fecha de Marzo.

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