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Thu Oct 25 19:26:07 UTC 2012

on official documentation from Italy's state Gazette journal. This served
as a good example of an ideal source. However the data sprint also showed
such a source is not available in all cases. I therefore think we should
remain open for using news sources as alternatives, at least until we can
verify the information via government sources.

That's all for now. Enjoy your weekend and thanks again to everyone who
joined Wednesday.

Best,
Anders

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<font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"white-spa=
ce:nowrap">Hi all,=A0</span></font><div><font color=3D"#222222" face=3D"ari=
al, sans-serif"><span style=3D"white-space:nowrap"><br></span></font></div>=
<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap">Following the Data Sprint the Faield Bank tracker is at 98 =
bank failures. The list here:=A0</span><span style=3D"white-space:nowrap"><=
a href=3D"https://docs.google.com/spreadsheet/ccc?key=3D0AkitojFFyvjCdC1lcm=
RhRU9WWExSdmJ6OFpySExzb3c#gid=3D2">https://docs.google.com/spreadsheet/ccc?=
key=3D0AkitojFFyvjCdC1lcmRhRU9WWExSdmJ6OFpySExzb3c#gid=3D2</a></span></font=
></div>

<div><span style=3D"white-space:nowrap;color:rgb(34,34,34);font-family:aria=
l,sans-serif">=A0</span></div><div><font color=3D"#222222" face=3D"arial, s=
ans-serif"><span style=3D"white-space:nowrap">This post is devoted to a few=
 of the questions which have risen following the sprint. I would be interes=
ted to hear if any of you have an opinion on any of these issues:=A0</span>=
</font></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap"><br></span></font></div><div><font color=3D"#222222" face=
=3D"arial, sans-serif"><span style=3D"white-space:nowrap">1) Should the tra=
cker be limited to failures post 2007?</span></font></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap">The advantage of expanding the year average would be to ena=
ble tracking of local financial crisis prior to the global financial crisis=
 (such as the Bulgarian banking crisis 1998-1999 or the Swedish crisis of 1=
992).=A0</span></font></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap"><br></span></font></div><div><font color=3D"#222222" face=
=3D"arial, sans-serif"><span style=3D"white-space:nowrap">Does anyone have =
an=A0opinion=A0on this?</span></font></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap"><br></span></font></div><div><font color=3D"#222222" face=
=3D"arial, sans-serif"><span style=3D"white-space:nowrap">2) Should bank ba=
ilouts be included to the failed bank list? =A0 =A0</span></font></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap">In a number of countries banks across the board were provid=
ed guarantees from provincial states (Germany), favorable government loans =
(Denmark, etc.) or=A0emergency=A0access to national banks (FED, ECB, etc.).=
=A0</span></font></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap">These measures could be recorded in the tracker as well. I =
am a bit reluctant to advocate for this at this moment, due to the magnitud=
e for such a project. I am however eager to hear if other would be interest=
ed in doing this. One way to start could be to go through all the approvals=
 from DG Competition to member states for state aid measures to banks.</spa=
n></font></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap"><br></span></font></div><div><font color=3D"#222222" face=
=3D"arial, sans-serif"><span style=3D"white-space:nowrap">3) Should governm=
ent documents supplements supplement the list?</span></font></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap">Another way to expand the documentation of each bank failur=
e, would be to add official documents to the tracker. These documents could=
 be accessed by requests for documents with the European Commission, as all=
 bank failures expectedly involve the approval from DG Competition. Would t=
his be relevant or useful to folks?</span></font></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap"><br></span></font></div><div><font color=3D"#222222" face=
=3D"arial, sans-serif"><span style=3D"white-space:nowrap">4) What should be=
 the preferred sources?</span></font></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap">From the sprint we learned that Italian bank failures could=
 be added based on official documentation from Italy&#39;s state Gazette jo=
urnal. This served as a good example of an ideal source. However the data s=
print also showed such a source is not available in all cases. I therefore =
think we should remain open for using news sources as alternatives, at leas=
t until we can verify the information via government sources.=A0</span></fo=
nt><span style=3D"white-space:nowrap;color:rgb(34,34,34);font-family:arial,=
sans-serif">=A0</span></div>

<div><font color=3D"#222222" face=3D"arial, sans-serif"><span style=3D"whit=
e-space:nowrap"><br>
</span></font></div><div><font color=3D"#222222" face=3D"arial, sans-serif"=
><span style=3D"white-space:nowrap">That&#39;s all for now.=A0</span></font=
><span style=3D"color:rgb(34,34,34);font-family:arial,sans-serif;white-spac=
e:nowrap">Enjoy your weekend and thanks again to everyone who joined Wednes=
day.=A0</span></div>

<div><span style=3D"color:rgb(34,34,34);font-family:arial,sans-serif;white-=
space:nowrap"><br></span></div><div><span style=3D"color:rgb(34,34,34);font=
-family:arial,sans-serif;white-space:nowrap">Best,</span></div><div><font c=
olor=3D"#222222" face=3D"arial, sans-serif"><span style=3D"white-space:nowr=
ap">Anders</span></font></div>

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