Tag Archives: tarp

German Vote=TARP Vote Part 2

Here are the latest comments by European financial officials:

01:36 05May10 RTRS-GERMANY’S MERKEL SAYS GREEK AID PLAN IS ABOUT THE FUTURE OF EUROPE AND GERMANY IN EUROPE
01:37 05May10 RTRS-GERMANY’S MERKEL SAYS WITHOUT US THERE CAN BE NO DECISION WHICH IS ECONOMICALLY SUSTAINABLE
01:49 05May10 RTRS-GERMANY’S MERKEL SAYS AID MUST COME TO AVOID RISK OF CONTAGION
03:17 05May10 RTRS-ECB’S WEBER – GREEK DEFAULT WOULD BE SUBSTANTIAL RISK FOR THE STABILTY OF EURO ZONE, FINANCIAL SYSTEM
03:17 05May10 RTRS-ECB’S WEBER – SEE THREAT OF SERIOUS CONTAGION EFFECTS FOR OTHER EURO ZONE STATES
06:20 05May10 RTRS-GERMAN FIN MKT WATCHDOG BAFIN CHIEF SAYS … …READ MORE

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Search for Greek Gold!

In case you think only European banks have exposure to Greek debt, the US Comptroller of the Currency John Dugan announced that they are closely monitoring US bank exposure to Greek debt. Dugan did go on to say that regulators may enforce a degree of the Volcker Rule even though it may not be legislated. “I do think requiring higher levels of capital in the future will affect the level and kinds of trading activities that institutions engage in. I think that’s appropriate,” Dugan said. Whether it sovereign debt or proprietary trading, it appears the higher capital requirements are the … …READ MORE

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Weekend Ideas: AIG, China, G20, US Debt, and Ben Bernanke

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