Q Is it fair to say that you foresaw trouble in the subprime market?la fonte della prima parte del post è
A Yes, we acted with a great deal of caution as we didn’t know to whom the banks would ultimately be lending. We didn’t want their capital to be tied up in illiquid markets because these instruments were traded effectively over-the-counter and outside any exchange. We set out lending regulations that place a ceiling of 50% on the value of an equity portfolio and a requirement of a 20% down-payment on foreign exchange operations. On real estate operation, we determined that banks could not lend more than 60% of a project’s value. Overall we have a liquidity factor to Basel II criteria, in the sense that banks cannot lend more than the equivalent of 70% of their deposits and must keep 30% in liquidity at all times.
By preserving the stability, another element to bolster confidence was added. In 2008, we reviewed all of these regulations and strengthened them by applying even more conservative criteria. We also refined regulations on the holding companies which own a substantial part of any bank. They can hold these shares but cannot enter into any financial operation with them. The markets have rewarded the model we established and confidence has played a major role, as Lebanon has been exposed to many tumultuous events, from assassinations to wars. The banking sector kept it together throughout and this adds to the conviction that our system can operate in stressful situations.
http://aleasrv.cs.unitn.it/aleablog.nsf/archive/20090329-1248?OpenDocument&count=-1#po
vi segnalo invece l'articolo del sole24ore. leggetelo mi pare molto interessante. quale è la vostra opinione?
http://www.ilsole24ore.com/art/SoleOnLine4/Speciali/oltre_confini_sorrentino/oltre-confini-sorrentino-240507.shtml?uuid=dc3d1434-0a9c-11dc-acb7-00000e25108c
G.