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Institutions and Policies for Maintaining Financial Stability Robert E. Litan When journalists from other countries would ask me in the 1980s how the United States could suffer such embarrassingly large losses
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Document Date: 2010-07-29 10:10:11


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York / Olympia / Chicago / /

Company

Clearing House Interbank Payments Systems / Penn Central / MCorp / Continental / Options Clearing Corporation / Bank of New England / Continental Illinois Bank / /

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Germany / Thailand / United States / Mexico / /

Currency

USD / /

Facility

Washington Public Power System / /

IndustryTerm

real estate / large bank / Depression prevention / experienced serious banking problems / financial firefighting equipment / bank / large banks / troubled bank / insurance / banking / settlement systems / bank guarantee / deposit insurance / finance / bank failures / certain other financial systems / large bank failure / large bank failures / /

MarketIndex

Dow 30 / /

Organization

US Federal Reserve / Federal Deposit Insurance Corporation / /

Person

Robert E. Litan / /

Position

Secretary of the Treasury / /

ProvinceOrState

Texas / /

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