Margaret Scott

Токсичные стресс-тесты

КЕМБРИДЖ. Правительство США сейчас разрешило десяти крупнейшим банкам Америки возвратить около 70 миллиардов денежных средств, вложенных в них прошлой осенью. Это решение последовало после того, как банки выдержали так называемое стресс-тестирование их финансовой прочности и жизнеспособности, выполняя требование Министерства финансов США, и некоторые из них добились увеличения капитала, в котором, по мнению устроителей тестов, они нуждались.

Многие люди пришли к выводу после этой цепи событий, что американским банкам, играющим важную роль в развитии как американской, так и мировой экономики, опасность больше не угрожает. Но в таком выводе заложена серьёзная ошибка.

На самом деле, в ходе проверки даже и не пытались подсчитать убытки, которые понесли банки в связи с многими токсичными активами, которые были в центре финансового кризиса. Тем не менее, американская модель входит в моду. На совещании, состоявшемся в этом месяце, министры финансов стран большой восьмёрки пришли к соглашению последовать американскому примеру и провести стресс-тестирование в своих банках. Но, если можно будет доверять результатам этого тестирования, им следует избегать той основной ошибки, которая была допущена в ходе тестов в США.

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