The Federal Deposit Insurance Corp. will lend investors about 85% of the money needed to buy toxic securities from banks that want to remove them from their balance sheets, the paper reported.
"We welcome the approach in today's FSA paper to balance the necessary safeguards with the needs of the wider economy, " Anthony Browne, the chief executive of the British Bankers' Association, said in a statement.
And Nationwide's balance sheet, on paper at least, is stronger than that of any of the big banks, with loss-absorbing core capital equivalent to 12.5% of risk-weighted assets, 2.5 percentage points higher than the banks' capital ratios.
Regional banks with commercial real estate paper on their balance sheets fail by the hundreds.
The IMF paper said moving the budget to balance would put the U.S. in a better position to deal with the massive fiscal pressures it will face as the baby boom generation starts to retire this decade, Reuters news agency reported.
Or to buy short-term paper issued by off-the-balance-sheet financial units of major banks that were not transparent to the investment community.
You can then take steps like making sure you have the minimum balance in your account(s), replacing paper statements with electronic ones, and avoiding the use of high cost ATM and debit cards.
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Yet loans that are not actively traded account for some 60% of British banks' balance sheets, for instance, according to a Bank of England paper on fair value.
But while Immelt has taken major steps toward shoring up the company's balance sheet, including slashing its reliance on short-term commercial paper and reducing risky real estate loans, GE is still vulnerable to rising interest rates and unwelcome scrutiny from regulators.
On paper, at least, the Fed has appeared to strike the balance that Congress demands.
He said the piece of paper handed over to undercover reporters contained "some directions" and a "kind of balance sheet".
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