Allow the banks to be part of the solution

Sir in reference “Chance to restart the stalled securitised credit machine” December 11, and where John Dizzard touches upon a crucial theme I would like to comment the following.

Much of the currently unsatisfied financial needs of the market is directly related to the need of the banks to increase their capital in accordance with the minimum capital requirements set by the regulators in order to sustain on their balance sheet the homecoming of many assets and to make up for the many write-downs.

Since most of this movements are occurring not really because problems appeared but more so because problems were discovered, I cannot understand why the regulators cannot give the banks some time and leeway to rebuild their capital and thereby allow them to help out containing a crisis for which, if it is allowed to snowball, there is not enough capital to take care of the avalanche anyhow.