Tuesday, July 06, 2010

"Debt Masking" Not Even Mentioned In Finreg......

Oh Boy...... More on "Debt Masking" in "Surprise, Surprise....." Big Banks Mask Risk Levels - Quarter-End Loan Figures Sit 42% Below Peak

Das nennt man dann wohl brutalst mögliche Regulierung.......Mehr zum Thema wie frisiere ich Bilanzen und "Debt Masking" in "Surprise, Surprise....." Big Banks Mask Risk Levels - Quarter-End Loan Figures Sit 42% Below Peak



Interactive Graph : Masking Risk WSJ

Finreg, the FDIC and repo markets: a BarCap primer BarCap via FT Alphaville

One curious absence in this legislation is the lack of any commentary regarding “debt masking” – that is, using repo transactions to reduce balance sheet at quarter-end in order to report lower leverage.

Given all the (bad) press repo has received lately, we thought there would be more explicit language in the bill regarding such activity.

CHUZPAH!

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