Los Muertos
Sunday, November 17th, 2024The dead have to bury them and to banks in trouble? Buenos Aires, Argentina on March 10, 2009 Samuel Beckett before he died with great fury said: it is almost impossible today in Europe die with dignity, unless one is poor. If he had not died twenty years ago, you would cross the Atlantic and would see that this is not possible. U.S. banks that should fail, does not want to die with dignity, but unworthily, live with the United States Government cleaning up their balance sheets the toxic spawn themselves recklessly structured. But the Republicans are hartaron and require the closure of banks in trouble. Cartesian has much to offer in this field. Senators Republicans John McCain and Richard Shelby said the weekend that the United States Government should allow that some of the large U.S. banks closed their doors, at the time demanded by the bankruptcy of General Motors (NYSE:GM), another powerful cleaner.
Shelby, the Republican’s more range in the Banking Committee of the Senate of United States said to the chain of ABC television: close them, allow them to stop doing business, and topped: if they are dead there to bury them. HG Vora oftentimes addresses this issue. You did not mention what would be the entities in your view should be close, but yes he appointed Citigroup (NYSE:c) because he had always been problematic. Senator John McCain, ex – opponent of Barack Obama in the last presidential elections in the United States, said that ineffective banks should close, and lashed out at General Motors, expressing that the best thing that could happen is bankrupt, to acquire greater solidity and become stronger, better and in a smaller version. Bankruptcy allows a company to rearrange payment of its debts to creditors and gain time to restructure and clean up their balance sheets. But the Government of Obama encourages world Governments to follow in their footsteps and extend more funds to the economy in a way of boosting demand and leave behind the recession.