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Treasury Assets

In relation to this issue, the Secretary of the Treasury, Timothy Geithner, has given three possibilities that are being considered: evaluate them such and as the market is valuing similar assets, using valuation models used by independent firms or seek an appraisal by financial supervisors. Whereas the methodology of valuation and its relationship with the true market value of the toxic assets, are identified two variants to this modality of bad Bank: the good bad Bank and the bad bad Bank. The first alternative is that would generate lower costs and is more aligned with the objectives seek a prudent behaviour of financial institutions against the risk. It is that in such a variant the bad Bank acquires assets at their market value forcing banks to amortize such assets and clean up their balance sheets. The resulting, those banks which prove to be insolvent are recapitalized, nationalized or liquidated by the State. In the variant of bad bad Bank, bad Bank would buy the toxic assets at inflated prices (above its market value) so that banks can start as soon as possible to lend money again. This alternative appears as attractive for Governments since it would accelerate the process of economic recovery (to revive the credit channel), but it would create perverse incentives for banks in the future in addition to imply higher tax cost (even big questions by the population).

On these alternatives, according to the vision of David Roche, who has been for many years head of Morgan Stanley and now President of his independent firm strategy: if good bad Bank solution is not adopted, the system remains as corrupt as before. The bad assets will continue sucking resources from the economic system in the form of borrowers zombies, bad distribution and distorted price of capital, public debt and budget deficits. But beyond the modality adopted the proposal (although this is not an issue minor), the truth is that the creation of such entity increases the chances of a faster recovery of the American economy since it would bring the U.S.

Biscuit Fork – Customer Loyalty Through Enthusiasm

More success in the sales and customer care through personalized ideas. Neumarkt i.d.OPf. for many companies, it is now increasingly difficult to acquire new customers or retain the existing existing customers on the company. This customer behavior can be attributed not only to any economic crises. No, rather often lacking in feeling and emotion in the personal customer contact.

Today more than ever, customers expect. Here, new and innovative ideas are needed. Sale is 90 percent dominated by emotions and feelings. Only 10 to 20 percent of the sales make up the spoken word or the text written so the conventional scientific wisdom. Why are the feeling and the emotions in both existing and future customers addressed then rarely really? \”Many companies and sellers think that a bottle of tingling water\” or other standards go their customers to an emotional high. Gone are the days. Today must customers surprised and emotional new delights be.

Many companies try this, by they keep getting more expensive gifts for their clients. Sure, this might be a solution. Only this spiral is at some point at the end, at some point it is too expensive and too unprofitable. By the way the customers and prospects blunt more and more. Here, the solution must be sought elsewhere. With the strongest and most powerful emotions in us among the moments of happiness in connection with the play and discovery drive people since childhood. Or why are chocolate eggs so successful with content, especially in adults? The approach should address accordingly directly and emotionally the customers. If a company it today manages to put a smile on the face of the customer, the first important step to lasting and sustainable business success is done. By the way, this step can take place even after the sale, to keep the positive mood and bring the word to mouth in motion.