The agency has also proved woefully slow to sell its assets and thus recoup some of the costs of its bail-out.
Banks have made slow progress in writing off bad loans, and companies have been equally slow to sell off assets and reduce debts.
Though the government is being slow to sell off state assets, it has made a start.
Alexander Gorra, head of the international department at BNY Mellon ARX in Rio de Janeiro, said that Japanese inflows into fixed assets began to slow in October 2010 when the government increased the financial operations tax, known as the IOF, for foreign buyers of government debt.
Mr Rowney admitted many companies have been slow off the mark in protecting their assets from the inside and that the problem is largely preventable.
One of the largest energy transactions in recent years, the deal is yet another expansion of an empire that the 66-year-old Kinder has built by cobbling together slow-growing, unsexy pipeline and storage assets dumped by the likes of Enron, Dynegy, Shell and ConocoPhillips, and focusing relentlessly on cutting costs.
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The IMF also published an update to its Global Financial Stability Report said that risks to financial stability in the banking sector had increased in the second quarter of this year because of the continued slow global recovery and fears about the quality of bank assets in Europe.
The implication of my view of the way monetary policy works for the assets of the Fed is that the current level of total assets is a result of past policy and that continued slow growth is needed to support the real economy going forward.
If the former communists do slow down privatisation they will do so as much out of fear that national assets will fall into Chinese hands as out of ideological principle.
China's desire to slow the rate at which it builds reserves may slacken demand for euro-denominated assets.
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Slow to sniff trouble at Enron, retail investors suffered when fund managers sold liquid assets to finance withdrawals from better-informed institutional investors, leaving individuals stuck with mostly illiquid paper.
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Lastly, the Fed could buy foreclosed properties from GSEs, which would not only help slow the decline in home prices, but also allow the Fed to hold under-valued housing assets rather than over-valued treasuries.
It has an ally in the IMF which has called for the BOE to slow the Basel III implementation timetable and look for ways to reduce bank funding costs by buying private sector assets such as bank bonds and providing long-term facilities such as are offered by the European Central Bank.
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