Bankwesengesetz §39 – Sorgfaltspflichten

Warum wir das bringen??? – Nur so !!!

Allgemeine Sorgfaltspflichten 

§ 39. (1) Die Geschäftsleiter eines Kreditinstitutes haben bei ihrer Geschäftsführung die Sorgfalt eines ordentlichen und gewissenhaften Geschäftsleiters im Sinne des § 84 Abs. 1 AktG anzuwenden. Dabei haben sie sich insbesondere über die bankgeschäftlichen und bankbetrieblichen Risiken zu informieren, diese durch angemessene Strategien und Verfahren zu steuern, zu überwachen und zu begrenzen sowie über Pläne und Verfahren gemäß § 39a zu verfügen. Weiters haben sie auf die Gesamtertragslage des Kreditinstitutes Bedacht zu nehmen.

In einem Aufsehen erregenden Interview mit dem US-Fernsehsender FOX-News gibt Präsident Barack Obama einen tiefgründigen Einblick ins Geldsystem: „Der Dollar ist nur eine Illusion“ – eigentlich sei die US-Währung wertlos.

In der Sendung „60 Minutes“ sollte der US-Präsident Rede und Antwort stehen zu den Ursachen der Finanzkrise und möglichen Lösungsmöglichkeiten. Doch die Journalistenrunde staunte nicht schlecht, als ihnen Obama mitteilte, dass die Krise tieferliegende Ursachen hätte, als manch einer annehmen würde.

Aus den MMNews. Michael Mross bei CNBC.
Mit einer Reichweite von 340 Millionen Zuschauern weltweit berichtet Michael Mross von der deutschen Börse.

Bitte achten Sie auf das Datum der Veröffentlichung!!!

obama-dollar-illusion-mmnews

How Did We Get It So Wrong?

John Mauldin’s Newsletter 25 April 09. Tough stuff:

„When we first started out with TALF and everything, it was a couple hundred billion, and now we just throw the word trillions around and it just drips off of our tongues and we don’t even think about it. A trillion is a lot. It’s a big number. And the total guarantees and backups and all this stuff we are into — I saw an estimate of $10-12 trillion. That’s a lot of money.“

What Good Are Economists Anyway?

Economists mostly failed to predict the worst economic crisis since the 1930s. Now they can’t agree how to solve it. People are starting to wonder: What good are economists anyway?

Die dieswöchige Cover Story der Business Week.

Bankruptcy is best to save GM

Aus Joe Stiglitz’ „The Economist’s Voice“.

Von 2 Professoren der Chicago University.

bankruptcy-is-best-to-save-gm

The Way of All Debt

Guter Beitrag von John Gray, dem britischen Maverick („An advocate for the New Right in the 1980s, and then of New Labour in the 1990s, Gray now sees the conventional (left-wing/right-wing) political spectrum of conservatism and social democracy as no longer viable – Wikipedia“)  in der New York Review of Books.

„A perturbation arising from the American market in subprime mortgages has spread through the banking system to disrupt economic activity throughout the world. The pattern of cause and effect will be debated for many years, with historians asking when and how the global economy was set on the path that led to its current condition.

„The Vast Majority of US Banks are Well Capitalized“

said Tim Geithner.

„After all, there are a lot of banks in America. There are 1,722 institutions on the Fed’s list of “large commercial banks”. And I have no doubt that most of these banks — indeed, the vast majority — are in fine shape. That’s because they’re regional institutions that never got into the risky games played by the big guys.

But the big guys are where the money is. The top 10 institutions on that list have 58 percent of the assets. (If we looked at bank holding companies rather than only commercial banks, assets would be even more concentrated.) So it’s perfectly possible that the “vast majority” of US banks are well-capitalized, but that banks with, say, a third of the system’s assets are insolvent.

From Paul Krugmans’s Blog in der NYT, 21/4

Alice in Financeland

So the accounting rules say that a decline in the market value of a bank’s debt thanks to increased credit default swap spreads — that is, because investors think you’re more likely to fail — counts as a a profit. On the other hand, if your bank looks stronger, the spreads fall, and you book a loss.

So Citigroup is profitable because investors think it’s failing, while Morgan Stanley is losing money because investors think it will survive. I am not making this up.

Aus Paul Krugman’s Blog bei der NYT, 22/4/04

dazu passend aus der Business Week 15/04/09

Severe stress as the crisis broadens to include households,corporations, and the banking sectors in both advanced and emerging market countries.

Frisch aus der Druckpresse (21/4), der neue GFSR (Global Financial Stability Report) des IMF - und nicht gerade besänftigend!

The global financial system remains under severe stress as the crisis broadens to include households, corporations, and the banking sectors in both advanced and emerging market countries. Shrinking economic activity has put further pressure on banks’ balance sheets as asset values continue to degrade, threatening their capital adequacy and further discouraging fresh lending.

IWF schätzt Abschreibebedarf der Banken erneut (drastisch) höher ein!

Aus dem neuesten „World Economic Outlook – Crisis and Recovery“ des IMF.

„These projections are based on an assessment that financial market stabilization will take longer than previously envisaged, even with
strong efforts by policymakers. Thus, financial conditions in the mature markets are projected to improve only slowly, as insolvency concerns
are diminished by greater clarity over losses on bad assets and injections of public capital, and counterparty risks and market volatility are reduced. The April 2009 issue of the Global Financial Stability Report (GFSR) estimates that, subject to a number of assumptions, credit writedowns on U.S.-originated assets by all holders
since the start of the crisis will total $2.7 trillion, compared