# Trabo Reed

## Political Interference Seen in Bank Bailout Decisions

25 Jan 2009
Posted by loner

by Damian Paletta and David Enrich

Barney Frank Goes to Bat for Lender, and It Gets an Infusion

Troubled OneUnited Bank in Boston didn't look much like a candidate for aid from the Treasury Department's bank bailout fund last fall.

The Treasury had said it would give money only to healthy banks, to jump-start lending. But OneUnited had seen most of its capital evaporate. Moreover, it was under attack from its regulators for allegations of poor lending practices and executive-pay abuses, including owning a Porsche for its executives' use.

## What did I say then?

Calculation of the CPPI value at any time t in the period [0,T] (6 years 5 days ago): Bertrand and Prigent, while analysing and comparing two portfolio insurance methods, derive the value of a CPPI value at any time t in the period [0,T] as $V_{t}^{CPPI}\left(m,S_{t}\right)=F_{0}e^{rt}+\alpha_{t}S_{t}^{m}$ Full proof below: