-2,46% joerchu! lo consultare con la almohada......

Official: Plan will buy some of banks' bad assets
Official: Bailout overhaul likely to include private-public partnership to buy bank assets

* Martin Crutsinger, AP Economics Writer
* Monday February 9, 2009, 2:58 pm EST

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* Fannie Mae
* , Freddie Mac

WASHINGTON (AP) -- An administration official said Monday the overhaul of the government's $700 billion financial rescue program is likely to include a partnership with the private sector to buy troubled assets.
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The official said the plan would use government money to support private sector purchases of bad assets that are weighing on banks' balance sheets and keeping them from resuming more normal lending.

The official spoke on condition of anonymity in advance of the proposal being released.

A Treasury Department spokeswoman said the revamped program was basically done with only "minor tweaks" occurring on Monday.

Treasury Secretary Timothy Geithner will give a speech on Tuesday at the Treasury Department unveiling the new program.

The speech originally had been scheduled for Monday but was delayed partly to allow Geithner to help gain Senate approval of the administration's massive economic stimulus bill.

Lawrence Summers, head of the National Economic Council, said Sunday that the administration had received a number of proposals on how the private sector could participate in the solution to the banking crisis.

"It can't all be private capital ... not given the size of the financial mess we have inherited," Summers said in an interview on Fox News Sunday. But he said the administration believed the private sector could play a significant role with the right ****s of government guarantees.

"With the right strategic approaches, Secretary Geithner believes that we can bring in substantial private capital, and that's something we all ought to be able to agree on, that where we can catalyze private capital, that's a better root to solving this problem than government resources," Summers said.

The government effort to support private sector purchases of banks' troubled assets would be just one element of a major overhaul of the troubled bailout program, which has come under heavy criticism for distributing billions of dollars with few requirements on how banks would use the money.

The Bush administration, led by then-Treasury Secretary Henry Paulson, committed the first $350 billion of the $700 billion program, leaving the final half for the Obama team. While many banking experts believe billions more eventually will be needed to deal with the worst financial crisis in seven decades, the new plan will not seek additional support from Congress at this time, according to congressional and industry officials who are in contact with the administration.

The revamped plan is expected to continue to rely heavily on capital injections into banks although with more strings attached in terms of caps on executive compensation and enhanced monitoring to make sure banks use the money to increase lending.

The administration has said it will devote up to $100 billion of the remaining $350 billion to programs to combat a rising tide of mortgage foreclosures. Geithner was expected to reveal some of those efforts Tuesday.

Any mortgage aid would be a major policy shift from the Bush administration, which relied on voluntary, industry-led measures and did not want to commit taxpayer dollars to foreclosure prevention.

There are numerous ways in which the government could help prevent foreclosures. Under one option developed by the Federal Deposit Insurance Corp., the government would promise to absorb a portion of losses for loans that default again, even after the monthly payment is reduced.

In Washington, there has been debate among bank regulators about how effective loan modifications are. A study by two bank regulators last year found that more than half of loans had defaulted again within six months of being modified. But critics said the study didn't show whether the modifications resulted in a meaningful change to loan payments.

The government also could use mortgage finance companies Fannie Mae and Freddie Mac, which were seized by federal regulators last fall, to snap up distressed mortgages and replace them with more affordable ones.

However, the Obama administration's foreclosure prevention plan could disappoint consumer advocates. They have long pressed for the government to mount a massive response to the crisis.

"I'm not hearing anything I like," said John Taylor, chief executive of the National Community Reinvestment Coalition, a consumer group in Washington. "It sounds like they're going to continue this kind of carrot approach and leave the sticks at home."

The overhauled bailout program also is expected to feature a significant expansion of a Federal Reserve program designed to unclog lending to consumers and small businesses by widening that plan to cover other ****s of loans such as those dealing with commercial real estate.

AP Real Estate Writer Alan Zibel contributed to this report.

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si os ha salido un grafico de ibertrola es que ya se como colgar imagenes.....

juas,casi no se ve....pero ya casi lo tengo....y si ampliais la imagen hay tenemos a la maldita accion en la parte baja de ese canal lateral alcista.......tiene que subir,a 6.05 (que era mi objetivo)!copon ya!
!no a la manipulacion!
UBS fuera del mercado!
saludos

pues a ver si ahora aprendes a ponerlo en su tamaño!! futuros -0.40%

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Se ve poco, pero ¿ves algo alcista ahi?

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yo creo que si
espero que esta vez sea vea mejor

Espero que te vaya bien, pero no me gusta como calza la perrita

Análisis fundamental de* IBERDROLA - Crédit Suisse prevé que las cifras de Iberdrola sean peores

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no no


http://www.burbuja.info/inmobiliaria...s-toxicos.html

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Que empiece el baile......


Todos los senadores demócratas y tres republicanos votaron a favor de la propuesta, aprobando el uso de 829.000 millones de dólares




Washington. (dpa) - El plan de estímulo para la economía estadounidense por valor de 829.000 millones de dólares impulsado por el presidente Barack Obama superó hoy el obstáculo más alto para su aprobación en el Senado de Estados Unidos gracias al voto de todos los senadores demócratas y de tres republicanos.

El recuento final arrojó un ajustado resultado de 61 votos a favor y 36 en contra, justo por encima de los 60 votos afirmativos necesarios. Tan apretado estuvo, que los demócratas requirieron la presencia en el Senado de Ted Kennedy, que no había acudido a su trabajo desde que sufrió unas convulsiones el 20 de enero, durante la comida de celebración de la asunción de Obama.

La votación de hoy era clave porque los demócratas debían conseguir el apoyo de algunos republicanos para ganar. A partir de ahora, los demócratas cuentan con los números suficientes para aprobar la ley incluso con la oposición en bloque de los republicanos.

En realidad, la votación era puramente procedimental dentro de las particulares reglas del Senado: los senadores votaron una propuesta para poder establecer un plazo de debate cerrado al final del cual se votará definitivamente la ley, algo que requiere el apoyo de 60 de los 100 senadores.

El plazo se acabará mañana y en esa votación a los demócratas les bastarán 50 votos para lograr aprobar el texto. Dado que la Cámara de Representantes aprobó hace dos semanas una versión diferente del paquete, por valor de 819.000 millones de dólares, diferente de la del Senado, será necesario la formación de una comisión mixta de ambas cámaras para escribir un texto de consenso.

Obama y los líderes demócratas en el Congreso pretenden que el plan esté aprobado antes del Día de los Presidentes, que se celebra el próximo lunes. Aproximadamente un tercio del llamado Plan de Recuperación y Reinversión para Estados Unidos se destinaría a rebajas fiscales que favorecerían, según prometió el presidente Obama, al 95 por ciento de las familias del país.

Además, el plan incluye inversiones en infraestructura, energías renovables, transporte, sanidad y educación, además de ayudas a los estados que están teniendo problemas para cumplir con sus presupuestos. Según Obama, el plan salvará o creará entre tres y cuatro millones de empleos.