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For this the provisions of the Stability and Growth pact will need to be relaxed.The recently agreed purchase of asset-backed securities (ABS) provides a more direct channel to the real economy but the market is small compared to the size of asset purchases necessary.
Similar(58)
After all, the support these firms received was based on the size of assets before the financial panic began, not the size of those assets today.
Following the near-collapse of Equitable Life in 1999 the Financial Services Authority FSAA) introduced tougher rules on the size of assets that life insurers need to keep to safeguard policyholders' funds.
Woodford has a stunning performance record, and the size of assets under his management means he also has a commanding control over many major British companies.
On each count, Macquarie is vulnerable.Since fees are tied to the size of assets, it makes sense to raise lots of money, pile debt on top of it, and make big acquisitions.
"I believe that [the BOJ] is not doing enough in terms of the size of its asset purchases or the range of assets being bought," said Mr Kuroda, who is currently president of the Asian Development Bank.
"I believe that [the BOJ] is not doing enough in terms of the size of its asset purchases or the range of assets being bought," Mr Kuroda told a parliamentary hearing ahead of his confirmation, earlier this month.
"The size of the asset classes in question is relatively modest, and most of the investors in these assets are not highly leveraged," he said.
One obvious answer is the sheer size of the asset class.
"The size of the asset makes it difficult for any single Australian group to acquire the entire operation".
"The size of our asset base, the spread of the losses and the resilience of the reinsurance programs in place are important in coming to this conclusion".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com