Board-Ansicht
Mix-Ansicht- Greenspan bereitet sich auf das Schlimmste vor. - stayoo, 22.10.2000, 22:08
- Das verrottete System wird zusammenbrechen. - BossCube, 22.10.2000, 22:21
- Greenspan bereitet sich auf das Schlimmste vor. - Sascha, 22.10.2000, 23:14
- Re: Greenspan bereitet sich auf das Schlimmste vor. Danke, eine PERLE! - dottore, 23.10.2000, 10:33
Greenspan bereitet sich auf das Schlimmste vor.
Hallo Leute!
Diese Nachricht hat Associated Press verbreitet:
WASHINGTON (October 20, 2000 5:35 p.m. EDT http://www.nandotimes.com) - Congress was urged
Friday by Federal Reserve Chairman Alan Greenspan and Treasury Secretary Lawrence Summers
to find ways to protect to the nation's banking system in case a major financial institution
should go bankrupt.
The bill would allow a company in bankruptcy and its creditors to net out their losses from
derivatives contracts, rather than have the contracts tied up in bankruptcy proceedings.
"We believe that this is a rare opportunity for government to take an important, tangible step
to mitigate systemic risk and improve the integrity of our financial system," Greenspan and
Summers said in letters to House and Senate leaders.
The provision also is included in broad bankruptcy overhaul legislation that President Clinton has
said he will veto. Greenspan and Summers urged the leaders to pass the provision as a
stand-alone bill before Congress adjourns.
"It would reduce the likelihood that incidents such as the near-collapse of Long-Term Capital
Management in September 1998 would pose a broader threat to our financial system," they
wrote.
Böse Zungen könnten behaupten, er berietet sich auf das Schlimmste vor.
Gruß
stayoo
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