Tuesday, November 4, 2008

U.S. Treasury to consider a wider range of equity finance company

The Wall Street Journal "Tuesday quoted informed sources said, 700,000,000,000 U.S. dollars in aid received after the initial success, the U.S. Treasury Department is considering more relief funds for the acquisition of larger financial stake in the company, not just limited to banks and Insurance companies.
The source said the above, the Ministry of Finance is the focus of attention for the broader economy in the area of financing companies, including General Electric Company (General Electric Co.)'s GE Capital (GE Capital), CIT Group and other companies.
Relief funds may be used to expand the scope of the Ministry of Finance showed rescue plan for the first time since September has gone through great changes. Treasury Secretary Paulson (Henry Paulson) was first announced a comprehensive plan to buy financial institutions in the hands of mortgage-backed securities, such as the sale of hard assets.
Paulson in Washington on assets acquired in a statement the program because of delays in the implementation, together with the multi been criticized Paulson's plan has not yet begun to run. Informed sources said the Ministry of Finance may give up the early part of the plan - through the auction process to buy assets - to replace the direct purchase of non-performing assets.
In the Ministry of Finance initially allowed to use the 700,000,000,000 U.S. dollars, officials set aside shares for the acquisition of 2,500 million. Ministry of Finance has a number of 163,000,000,000 U.S. dollars into the banks, including Goldman Sachs Group (Goldman Sachs Group), Bank of America (Bank of America Corp.), And so some of the nation's largest bank. The planned acquisition of the assets of this spending will likely increase, but the exact amount is still unknown.
A spokesman for the Ministry of Finance • Jennifer Zuccarelli (Jennifer Zuccarelli) that we are considering a number of enhanced financial system, plans to resume lending activities are carried out many trade-offs, but has not yet made a decision.
Ministry of Finance plans as a result of Tuesday's election may have become more complex. Paulson has said that the next government wants between now and the period of January to participate in major decision-making related. Republican candidate John McCain and Democratic candidate Barack Obama are 700,000,000,000 U.S. dollars to support the rescue plan, but the new government about how best to use the remaining 450,000,000,000 U.S. dollars will certainly be their own ideas.
McCain said he would like most of the funds will be used to purchase mortgages. Obama supports the acquisition of non-performing assets and equity. Both called for acceptance of funds injected by the Government's introduction of more stringent restrictions.
华尔街日报》周二引知情人士消息称,在7000亿美元救助计划收到初步成效后,美国财政部正在考虑将更多救助基金用于收购更大范围的金融公司的股份,而不仅仅限于银行和保险公司。
上述知情人士说,财政部关注的焦点是为较广泛经济领域提供融资的公司,包括通用电气公司(General Electric Co.)旗下的通用金融(GE Capital)、CIT Group以及其他一些公司。
救助基金使用范围可能扩大显示出财政部救助计划自9月份首次提出以来已经历了很大变化。财政部长鲍尔森(Henry Paulson)最初宣布了一项综合计划,收购金融机构手中的抵押贷款支持证券等难以出售的资产。
保尔森在华盛顿就资产收购方案发表声明由于实施方面的延误,加上遭到多方批评,保尔森的计划尚未开始运行。知情人士称,财政部可能摒弃早期计划的一部分内容——通过拍卖程序收购资产——代之以直接收购不良资产。
在财政部最初获准使用的7000亿美元中,官员们为收购股权留出了2,500亿美元。财政部已向一批银行注入1,630亿美元,其中包括高盛集团(Goldman Sachs Group)、美国银行(Bank of America Corp.)等美国最大的一些银行。资产收购计划中的这项开支可能还会增加,但具体数额还不得而知。
财政部发言人詹尼弗•祖卡雷利(Jennifer Zuccarelli)说,我们在考虑许多增强金融体系、恢复贷款活动的计划,正进行多方权衡,但尚未做出决定。
财政部的计划可能因周二的大选而变得更加复杂。保尔森已经表示想让下一届政府从现在到1月期间参与相关重大决策。共和党候选人麦凯恩和民主党候选人奥巴马都支持7,000亿美元救助计划,但新一届政府对于如何最有效地利用剩下的4,500亿美元肯定会有自己的想法。
麦凯恩表示,他想将大部分资金用来收购抵押贷款。奥巴马则支持收购不良资产并获得股权。两人都要求对接受政府注资的公司实施更严格的限制条件。

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