By the way, will this info below always be the same?
rj
On Fri, May 8, 2009 at 11:17 AM, Emini Addict <eminiaddict@gmail.com> wrote:
Sorry about that. here it is. also it might be in spam
. Please join my Webinar.
https://www.gotowebinar.com/register/698324203
2. You will be connected to audio using your computer's microphone and speakers (VoIP). A headset is recommended.
Or, you may select "Use Telephone" after joining the Webinar.
Dial 773-945-1010
Access Code: 246-107-505
Audio PIN: Shown after joining the meeting
Webinar Password: numbers
Webinar ID: 698-324-203
GoToWebinar®
Web Events and Online Meetings Made Easy™On Fri, May 8, 2009 at 9:12 AM, Richard Janowicz <richardjanowicz@gmail.com> wrote:
Hi,
I hope you can get this reply, paid through paypal but do not see the email with the confirmation link, yet your web home page knows that I subscribed. Don't know how to log into the room at this point, while waiting for the email.
rjOn Fri, May 8, 2009 at 3:08 AM, Emini Addict <eminiaddict@gmail.com> wrote:
Emini Addict
Emini Market Analysis for Friday
Posted: 07 May 2009 11:47 PM PDT
Statement by Chairman Ben S. Bernanke
Posted: 07 May 2009 04:12 PM PDT
This afternoon marks the culmination of the Supervisory Capital Assessment Program. Three independent federal banking supervisory agencies--the Federal Reserve, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation--have worked closely and collaboratively since late February to simultaneously assess the financial conditions of the 19 largest bank holding companies in the United States. These institutions play a vital role in our economy, holding among them two-thirds of the assets and more than one-half of the loans in the U.S. banking system. More than 150 examiners, economists, accountants, and other specialists conducted a rigorous and comprehensive review of these firms, one unprecedented in scale and scope.
These examinations were not tests of solvency; we knew already that all these institutions meet regulatory capital standards. Rather, the assessment program was a forward-looking, "what-if" exercise intended to help supervisors gauge the extent of the additional capital buffer necessary to keep these institutions strongly capitalized and lending, even if the economy performs worse than expected between now and the end of next year.
The results released today should provide considerable comfort to investors and the public. The examiners found that nearly all the banks that were evaluated have enough Tier 1 capital to absorb the higher losses envisioned under the hypothetical adverse scenario. Roughly half the firms, though, need to enhance their capital structure to put greater emphasis on common equity, which provides institutions the best protection during periods of stress. Many of the institutions have already taken actions to bolster their capital buffers and are well-positioned to raise capital from private sources over the next six months. However, our government, through the Treasury Department, stands ready to provide whatever additional capital may be necessary to ensure that our banking system is able to navigate a challenging economic downturn.
The capital assessment results we are reporting today are just one important element of the government's broader and ongoing efforts to strengthen the financial system and the economy. The current crisis has been one of the most challenging financial and economic episodes in modern history, but we face no problems that cannot be overcome with insight, patience, and persistence. The Federal Reserve, through its independent actions and in collaboration with the other agencies represented here, will certainly do its part in our common effort to restore stability and prosperity.
FRB: Statement by Chairman Ben S. Bernanke
You are subscribed to email updates from Emini Addict
To stop receiving these emails, you may unsubscribe now.Email delivery powered by Google Inbox too full? Subscribe to the feed version of Emini Addict in a feed reader.
If you prefer to unsubscribe via postal mail, write to: Emini Addict, c/o Google, 20 W Kinzie, Chicago IL USA 60610
--
Richard Janowicz
715 271 6244
--
Richard Janowicz
715 271 6244