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Failing that, "the government is responsible for recapitalization," he added.
"They do need money for recapitalization," she said.
The French and British governments forced lending targets on their banks as a condition for recapitalization.
For recapitalization, attracting new investment is a function of past, present, and projected performance.
Sweden told its banks to write down their losses promptly before coming to the state for recapitalization.
The "deliberative restructuring" approach fostered innovative, cost-effective monitoring structures for recapitalization, a strong supervisory system, and a stable, expanding bank sector.
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While Europe's biggest economies led the way, Austria also made 100 billion euros available for recapitalizations and loan guarantees; Spain will insure up to 100 billion euros in bank debt; and the Netherlands threw 220 billion euros into the pot.
Although Federal Housing Administration FHAA) debt may not be perfect for purchase execution, it is often the best for recapitalizations.
Investors in Irish banks have been waiting for months for a recapitalization plan, similar to those put into place by Britain, France and the United States.
"If there were a general failure, the question is whether they come in for bank recapitalization only or for a market adjustment program.
Here is a copy of Mr. Icahn's letter: Dear Fellow Dell Shareholders: We take this opportunity to respond to rumors regarding the availability of financing for our proposal for a recapitalization at Dell and to address recent statements by Dell that demean the prospects of Dell.
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