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本帖最后由 ctcld 于 2009-4-30 21:23 编辑
市场完全被政府老千给控制了.
我判断: 不愿意看到SELL ON NEWS. 短期趋势: 横盘+小步向上蹭, 把875踩实
U.S. Bank Test Results Delayed as Conclusions Debated (Update1)
By Craig Torres and Robert Schmidt
April 30 (Bloomberg) -- The Federal Reserve will postpone the release of stress tests on the biggest U.S. banks while executives debate preliminary findings with examiners, according to government and industry officials.
The results, originally scheduled for publication on May 4, now may not be revealed until toward the end of next week, said the people, who declined to be identified. A new release date may be announced as soon as tomorrow, they said.
Regulators and bank executives are concerned about how the disclosure is handled because weaker institutions could suffer a collapse in their stock prices.
“Everybody understands they’ve got a tiger by the tail here,” said Mark Tenhundfeld, a senior vice president at the American Bankers’ Association in Washington. “If they don’t let him go gently, there will be a lot of mauling going on.”
The 19 firms include Citigroup Inc., Bank of America Corp., Goldman Sachs Group Inc., GMAC LLC, MetLife Inc. and regional lenders including Fifth Third Bancorp and Regions Financial Corp. The banks in the test hold two-thirds of the assets and more than half of the loans in the U.S. banking system, according to a Fed study released April 24.
The Fed led the stress tests, using as many as 140 staff members working in consultation with 60 people from other bank oversight agencies.
Goldman Sachs Signal
While the banks were ordered not to release the results of the stress assessments prematurely, Goldman Sachs yesterday may have provided a hint with its decision to sell bonds and shares, issuing $2 billion in five-year notes without a government guarantee and making a $750 million stock offering. A spokesman for Goldman Sachs declined to comment.
“You can read between the lines on it that nothing adverse will be coming out next week” about Goldman Sachs, said Ralph Cole, a money manager at Portland, Oregon-based Ferguson Wellman Capital Management Inc., which oversees $2.2 billion.
At least six of the 19 largest U.S. banks require additional capital, according to preliminary results of government stress tests, people briefed on the matter said this week. While some of the lenders may need extra cash injections from the government, most of the capital is likely to come from converting preferred shares to common equity, the people said.
By pushing conversions, rather than federal assistance, the government would allow banks to shore themselves up without the political taint that has soured both Wall Street and Congress on the bailouts. The risk is that, along with diluting existing shareholders, the government action won’t seem strong enough.
Geithner TARP Reassurance
Treasury Secretary Timothy Geithner told U.S. lawmakers today that there is no need for new bank bailout money as of now, said Senate Budget Committee Chairman Kent Conrad.
“He said ‘no, not in the foreseeable future and they’re hoping not at all’,” Conrad, a North Dakota Democrat, said in an interview today after Democrats held a closed meeting with Geithner in Washington.
Geithner has said that banks can add capital by a variety of ways, including converting government-held preferred shares dating from capital injections made last year, raising private funds or getting more taxpayer cash. With regulators putting an emphasis on common equity in their stress tests, converting privately held preferred shares is another option.
To contact the reporters on this story: Craig Torres in Washington at ctorres3@bloomberg.netRobert Schmidt in Washington at rschmidt5@bloomberg.net. |
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