There are fears in the U.S. and Britain that a number of banks will shortly by the respective governments in an attempt to financial free fall that the world is concerned, to be nationalized to stop. The U.S. has announced that it is a long way, is also under consideration of nationalization, and while the UK has stated that they do everything that they prevent the nationalization, which is the public perception that nationalization is inevitable.
John McFall, a legislator in the Labor Party and JonMoulton, head of private equity firm Alchemy Partners is in the same column in the Financial Times in which she urged the British government to nationalize the Royal Bank of Scotland and Lloyds Banking Group. According to the duo, it would be better than the nationalization with sooner rather than later, especially given how so many people had expected. They call it a "least bad course" Indeed, because even if nobody really wants, and it has not worked well in the past,In this case, push it to start the flow of credit and thus the banks' toxic assets in a way its unrushed and orderly process. "
With the two is implemented by the bank rescue plans by the British government now owns a substantial share of both the Royal Bank of Scotland (70%) and Lloyds Banking group (43%), but not too interested in seeing get the part. Cnbc.com reports on an announcement from RBS, to the effect that the only time that was nationalized in discussions withThe government was, as something that everyone wants to avoid. Paul Myners, British finance minister has said that the credit support only to ensure that the commercial banks is again effective. He added that the goal is "... to support the economy by removing the barriers of credit ..."
Unfortunately, according to an article by Antonia Oprita (CNBC.com), Simon Adamson, a banking analyst said CreditSights: "The main problem is that the variousInitiatives taken by the government, positive with regard to the prevention of financial crisis and positive for the creditors, but they are negative for the shareholders. The fear is that it takes more capital, and the nationalization of one or more banks may be required. "All in all, says Adamson, that the market is, in fact, the government is to nationalize, and that as a result of the fear of nationalization can become a self-fulfillingProphecy.
References:
http://www.cnbc.com/id/28765958
http://www.cnbc.com/id/28768041