Quand je dis qu’il y a toutes sortes de pertes cachées dans les banques :
Citigroup’s Exit From Bailout Clouded by Citi Holdings Assets
By Michael J. Moore and Bradley Keoun Dec. 15 (Bloomberg) –
Citigroup Inc. Chief Executive Officer Vikram Pandit, emerging from a U.S. bailout with higher capital levels and loan-loss reserves than any peer, still has a $617 billion reason to worry.
That’s the amount of assets left in Citi Holdings, the division that Pandit set up to strip his bank of unprofitable businesses, troubled loans and securities. While the bank has unloaded almost $100 billion of the assets so far, getting stuck with the rest may hinder earnings for years, analysts said.
“I wouldn’t say that all of their issues are completely behind them,” said Bill Tanona, an analyst at Collins Stewart Inc. in New York who rates Citigroup “hold.” “We still have a soft economic environment and high unemployment, so losses are likely moving higher in the short term.”
Le FMI a estimé que probablement seulement la moitié des pertes des banques ont été identifiées publiquement.
Et comme le suggère le texte ci-dessus, les pertes identifiées sont probablement en train de croître encore. De plus, les pertes supplémentaires causées par les défauts futurs sur les maisons, cartes de crédit, immobilier commercial et industriel, etc., etc., s’ajouteront à ces factures.
Paul Dontigny Jr, M.Sc., CFA
