Many members of economists have also great for going on a rescue government which some goes down ni

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It is not clear whether the envoys Henry Paulson, the Minister of Finance of the United States, and Ben Bernake, Governor, penang cinema were prepared for the adversity they faced when they arrived for the banking committee Congress yesterday.
For five hours they sat under extremely critical, even angry and all that harm human desires parliamentary committee penang cinema questions about the government's rescue of 700 billion dollars. They were on nothing but bear repeated only now would have hurried if not ill should go, the crisis in the financial sector would otherwise be associated with rises in unemployment and bankruptcies of public households that would lose the premises of the above.
MPs kick with their feet and saying no way to push the matter of this magnitude through without significant deliberation. "If God made the world in seven days does not mean we have to handle this matter in seven days," the AP news agency after MP Representatives and Republican Joe Barton of Texas. Others set for themselves that they were moving Paulson unlimited powers over all these resources, and what was worse - more and less supervision.
Paulson and Bernanke are now today again for a parliamentary committee and will then have to formulate their responses to the main comments penang cinema of MPs from yesterday: salvage operation with its astronomical amounts may not be at the expense skattborgaranna while Wall Street-The Count dropping more or less smooth even more than that.
Lobbying Men Wall Streets have been disasters in Congress to prevent the placing limits on or even charge the payments to managers in Wall Street aid operations shall include, say this will only take the initiative and concept enrichment was the main management on Wall Street and damaging to long-term financial sector and thus the U.S. economy.
"We penang cinema support the issue, but we are opposed to conditional management salaries," penang cinema said Scott Talbott, spokesperson for the Financial Services Roundtable, interest groups, penang cinema with The New York Times. "It is not appropriate that the government set wages of management."
Anyway seems inevitable that some constraints will be placed on management salaries, in the opinion of financial experts and economists, and there is even a sensible one, and the situation is. Bearing by Arthur Lewis Jr., former CEO of Wall Street and the former Chairman of the Securities and Exchange Authority (SEC) restrictions on corporate management salaries, which are part of the rescue operation center are essential to remedy through Congress since sanngirnismál.
The financial sector, says Lewis, will continue to pay high salaries to their successful return, although they are not as high as they were already witnessed the greatest. "Gulleggið is gone," he says.
Another controversial issue is the valuation of the "damaged apples", mortgage loans 700 billion dollars funds are expected to buy, ie whether penang cinema tax citizens behind the fund should not get that letter on the lowest price. Governor Bernanke did Congress Committee realized yesterday penang cinema that the government did not intend to buy these mortgages at "fire sale prices", as they had been for him -web Bloomberg. Instead, in terms of long-term penang cinema pricing assets and retained in the custody of the fund for the repayment comes or market conditions improve. Experts argue that pricing too low can be detrimental to the financial markets and pushed the economy into an even deeper downturn.
This is a sensitive penang cinema critical moment, is quoted by L. William Seidman, who at the time gave the director the organization handled the settlement of the estates of savings collapse in the United States in the eighties. "If the price is too low, nothing will happen," he said to Bloomberg. "If the price is too high, however, it may result in a devastating loss for taxpayers. I'm kind of the same mind on either way. " Bernanke said the bank parliamentary committee yesterday that they were still not ready to find the best way to implement pricing.
Many members of economists have also great for going on a rescue government which some goes down nicknamed "cash for trash" ("cash for trash"), as stated in the article by the economist Paul Krugman in the New York Times this week, which also states that Others call the draft bill now Authorization to Use Financial Force, authority to impose monetary authority, which is a distortion penang cinema of the infamous Act Authorization to Us