www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

WORLD> America
Fed moves to deal with financial crisis
(Agencies)
Updated: 2008-09-15 10:44

Washington -- The Federal Reserve announced late Sunday several steps to cope with the worst credit crisis in decades, including broadening the types of assets that investment banks can put up to get emergency loans from the Fed.


Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee hearing on Capitol Hill in Washington, in this July 16, 2008 file photo. [Agencies]

The action came as US and foreign commercial banks were hashing out a plan to inoculate the global financial system against the possible failure of Lehman Brothers.

Federal Reserve Chairman Ben Bernanke announced the actions in a statement, saying they were being taken after a weekend of discussions with officials from the Treasury Department and the Securities and Exchange Commission and top executives of financial firms.

Those talks were aimed at seeing whether another financial institution would be willing to take over venerable investment bank Lehman Brothers and failing that, how other institutions could pool resources to protect the global financial system.

Bernanke said the discussions had been aimed at identifying "potential market vulnerabilities in the wake of an unwinding of a major financial institution and to consider appropriate official sector and private sector responses."

"The steps we are announcing today, along with significant commitments from the private sector, are intended to mitigate the potential risks and disruptions to markets," Bernanke said.

Besides expanding the types of collateral that can be used, Bernanke said the Fed would also increase the frequency of some of the auctions being used to get loans to banks from every other week to a weekly basis.

In a separate statement US Treasury Secretary Henry Paulson said he supported the Fed's moves and said the actions taken should "strengthen and enhance our financial markets. These initiatives will be critical to facilitating liquid, smooth functioning markets and addressing potential concerns in the credit markets."

Paulson, who was involved in three days of talks at the New York Federal Reserve Bank, said he appreciated the efforts by other financial firms involved in the discussions to promote "orderliness and stability in our financial markets as we work through this extraordinary environment."

Christopher Cox, the chairman of the US Securities and Exchange Commission, said in a statement that the SEC was working to make sure that the customers of Lehman's broker-dealer operations "will not be adversely affected by recent market events." Cox was also involved in the weekend talks that failed to find a buyer for Lehman Brothers.

The Fed's steps represented the latest in a series of actions the US central bank has taken over the past year to try to protect the country's financial system from a credit crisis that erupted as a result of rising loses in subprime mortgage lending.

The US central bank in August 2007 invited commercial banks to make use of its emergency loan program if they found themselves short of cash. Then last December, it expanded the program to auction off loans to cash-strapped banks, seeking to overcome a perceived stigma from banks getting direct assistance from the Fed.

Last March, it implemented the biggest expansion in the emergency loan program since the Great Depression by announcing that investment banks could obtain money from the Fed. That action came after the near-collapse of investment bank Bear Stearns, which was taken over with the help from a $29 billion Fed loan by JP Morgan Chase and Co.

主站蜘蛛池模板: 欧美 另类 精品一区视频 | 性成人动作片在线看 | 国产黄a三级三级看三级 | 久草在线免费新视频 | 欧美手机手机在线视频一区 | 一级毛片一片毛 | 亚洲天堂网在线播放 | 伊人久久网站 | 欧美日韩一区二区高清视 | 在线观看国产 | 国产欧美日韩精品第一区 | 成人a影片在线观看 | 57pao强力打造手机版 | 国产成人免费福利网站 | 女人张腿让男桶免费视频网站 | 国产一区二区三区在线视频 | 亚洲精品免费视频 | 日本在线国产 | 久久久免费视频观看 | 欧美成人免费全部观看天天性色 | 日韩中文字幕免费观看 | 日韩午夜在线视频 | 亚洲 欧美 精品专区 极品 | 久久高清免费 | 午夜丝袜美腿福利视频在线看 | 国产福利三区 | 国产成人精品在线 | 欧美激情视频在线观看一区二区三区 | 一本色道久久爱 | 看欧美的一级毛片 | 在线观看 a国v| 久久精品视频6 | 久久久久久久亚洲精品一区 | 欧美另类视频在线观看 | 国产一级在线 | 国产在线不卡午夜精品2021 | 免费播放欧美毛片 | 国产成人精品福利站 | a级国产乱理伦片在线观看99 | 国产精品久久久 | 99国产精品欧美久久久久久影院 |