Sunday, October 19, 2008

Nylons With Black Dress

Depfa The power of truth, silence on the risks

Guidi (PD) does not trust the current contract for mutual Acqualatina
to question the chairman of the County: now the accounts themselves

They just set aside 'the case Depfa Bank and crops up rather more alive than ever a question submitted yesterday by Domenico Guidi Councilor to the President of the Province, Armando Cusani, and the parliament president Michael Forte. In its own way the application is simple and terrifying Guidi together. Councillor assumes that the German bank that granted the loan to Acqualatina spa is in poor condition due to the storm of financial markets and is being saved by a consortium of other banks, the failure to do this could cost you all policyholders Depfa including also the same
Latina Province as well as the management company of the water. For this guide calls for the precise quantification of deposits of provincial administration, municipalities and any other spa Acqualatina especially at Depfa Bank. "We want an update of the value of derivative contracts with Depfa - Guidi says - and I hope that there is reason and a willingness to tackle a subject that is likely to weigh heavily on the budgets of the Province of Acqualatina, municipalities and, ultimately, families pontine. Since
Depfa is going through a dark moment, however, the Province and many defenders of society (consumers dell'Otuc, Councillor consumers themselves and associations) have stopped supporting the goodness of this loan. It may be a case. But meanwhile, was also slowed down the procedure for signing the pledge agreement
"A question facing many citizens and administrators, what the province and municipalities are likely to fail if dell'Ato4 Depfa? - Highlights Drive - There are actually two types of risk: lose the numbers stored in the bank as a result provisions already made in capital costs for depreciation by way of bonds that expire in 2035-2040. But even more serious consequences could result from the fact that Depfa are
in derivative contracts on bonds issued in 2007 and Depfa fail if there might be in danger of being forced to close the contract and to pay the bank failure and loss that the Province Ato4 municipalities have in place at this time. But what is the total loss of the two risks? To date no one knows and, what is even worse, no one wants to say. For months that highlight the risks inherent in derivative contracts entered into in 2007. It 's time to provide some answers. "

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