Chief executive officer UBS Americas Robert Volf has declared the day before, addressing to bank committee of the senate of the USA that supports the offer of president Barack Obama to found in the country infrastructural state bank. The State Bank will receive 50-milliard financing from the government and will be responsible for renovation of a transport infrastructure — highways, tracks and the airports, reports Bloomberg.
Volf has underlined that now it "is a high time" for state structure creation. However, it has continued, the bank should be financed by exclusively government, «to avoid destiny Fannie Mae and Freddie Mac, receiving financing both from state, and from private structures». According to Volf, the state control will help to do without investment losses which nearly haven't led the specified mortgage agencies to death in crisis 2008.
Obama has suggested to create the infrastructural State Bank for repair of national significant transport ways even during the election campaign in 2008. Then the congress of the USA hasn't supported this idea, but in September of this year Obama has submitted it again for consideration.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment