Tuesday, 1 May 2012

加拿大各大银行在08年金融危机受惠政府 (纳税人) $114B 补助

正如GF以前谈过,加拿大的银行并不如总理Harper 这几年来等对外宣称的如此"安全,谨慎,无须政府补助"
 (见 http://www.westca.com/Forums/viewtopic/p=3394516/lang=schinese.html#3394516)

有些银行 (CIBC, BMO, Scotia) 受到的纳税人资助甚至超过他们当时的总市值 Market Cap.

Quantifying The Big Five Canadian Banks' $114 Billion Bailoutt

The official story of the 2008 financial crisis goes like this: American and international banks got caught placing bad bets on U.S. mortgages and had to be bailed out. But not in Canada. Through the financial crisis, Canadian banks were touted by the federal government and the banks themselves as being much more stable than other countries’ big banks. Canadian banks, we were assured, needed no such bailout.

However, in contrast to the official story Canada’s banks received $114 billion in cash and loan support between September 2008 and August 2010. They were double-dipping in not only two but three separate support programs, one of them American. They continued receiving this support for a protracted period while at the same time reaping considerable profits and providing raises to their CEOs, who were already among Canada’s highest paid. In fact, several banks drew government support whose value exceeded the bank’s actual value. Canadian banks were in hot water during the crisis and the Canadian government has remained resolutely secretive about the details.

It should be noted that the “Extraordinary Financing Framework” was prepared to spend up to $200 billion to aid the banks and other industries. In other words, while the sums reported in this report are enormous, there were even more funds to be disbursed if the banks needed them.



No comments:

Post a Comment