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Narrative Responses Written In For "Other" To Q.3, FEI Survey On Treasury's Financial Stability Plan

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Narrative Responses Written In For "Other" To Q. 3, FEI Survey On Treasury's Financial Stability Plan
Feb. 25, 2009

 

Question 3 in FEI's Survey on the U.S. Treasury Department's Financial Stabilility Plan asked:

Do you believe credit will become more readily available as a result of the Financial Stability Plan.


Answers available were:

  • Yes
  • No, because of hard to value troubled assets
  • No, because of fair value/mark-to-market accounting
  • No, because of a combination of the above
  • Don't know
  • Other-please specify

Below are the narrative responses that were written in by survey respondents who said "Other"

#

Response

 

 

 

1

Stimulus artificial, banks know it, won't lend.

2

Available, but at a high cost due to inflation.

3

Only if U.S. jobs are created.

4

No because of the disaster created by Obama.

5

People are scared. Need to build confidence.

6

Will open some additional credit, but not enough.

7

Lenders and borrowers lack confidence.

8

Hard to value and categorize. Foreclosure a negative.

9

Not enough detail from him [Geithner] to know answer

10

TARP and FV remedies do not repair credit markets.

11

No, because government borrowing will smother.

12

Don't know because there are no details in plan.

13

Credit standards more stringent.

14

ACORN corrupted lending to get us in this mess.

15

No, he is subsidizing marginal companies/assets.

16

No confidence in government ability to discern ROI.

17

No, because of lack of borrower credit-worthiness.

18

Financial Stability Plan [FSP] will delay making credit available.

 © 2009 Financial Executives International

[print version]



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