Gustavo Castro Soto RazonEsdeSer. In the context of the global crisis of capitalism, more acute than in 1929, Mexico began his own since 2007 when the World Bank (WB) estimated that 40 of Mexicans lived in poverty. In late 2008 the Mexican government started preparations for receiving loans funds from the IMF, the WB and IDB, thus obtaining the greatest credit of these International Financial Institutions (IFI’s), more than any other country in the world. Thus, the Mexican debt grew 38 in the last eight years. TARP is the relief of problem assets. The program director is James Lambright, also chairs a committee that comes up to meet five times a week to review each agreement.
2 008 in October, the U.S. when considering hedge funds, I spoke with who is a leading investment manager government. family of funds UU. forced to accept loans with eight institutions received large injections of capital by 165 000 million. The conditions of the investment loan had limits on the salaries of executives: the subsidies can not represent more than one third of the total annual payment for those who earn more in companies that receive government money, there is a limit of NYSE 500 000 in salaries firms that receive aid. It The also received rights to purchase shares at investors an agreed price. Before returning the money from the government, the investment management government evaluate the “stress tests” financial ability of banks to continue lending during a recession .
So far United States has allocated nearly 2.48 billion for the stabilization of financial companies and the rescue of the local automotive. This does not include the costs of working capital loans to General Motors Corp. the tremendous successes of the Family of Funds that are managed by the make and Chrysler LLC or new car warranty program for government announced on Monday.
Among the critics of the plan is limited to Goldman fund management Sachs in pay from the United States government. Lloyd Blankfein, the CEO of Goldman hedge funds Sachs, said that banks need the freedom to repay the loans that the government forces them to accept ocubre, but restrictions on the salaries were included in the credits. He added Ribotsky that this and other factors limit the ability investment portfolio to compete in the U.S.. States and abroad.
The imyecciones capital to unfreeze credit markets and stabilize the companies have made the government has interfered in the affairs stocks of the investment banks, insurers and automotive .
