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Risks That Hedge Funds Pose to the Banking System

Risks That Hedge Funds Pose to the Banking System

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1775 руб.
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Описание
Excerpt from Risks That Hedge Funds Pose to the Banking System: Hearing Before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, Second Session, April 13, 1994

I have always deplored the fact that this hearing room, which is really the people's hearing room, when we had the very much at tended hearings in 1989 with respect to the legislating challenge we had on the Home Loan Bank Board and the related issues, it reached a point where we had what I thought was an unacceptable practice, and we found - also, there were a lot of other issues like the goodwill, which involved a lot of money. And when you have money involved - and we found that arrangements had been made by some of the interests that have their representatives here in DC day in and day out and would have stand-ins as early as in the morning standin out here waiting to come in and save a seat. And they left a lot 0 folks that were coming in from outside of DC, just citizens and business people that were interested, out, and I deplored the fact then.

And, unfortunately, our hearing room, as spacious as it is com pared to what we used to have before they built this building known as the Rayburn Building, it still on occasions is inadequate. I am oing to urge that if there is any possibility that those that would here anyway in DC if the need arises we could offer some seating to the citizens that are coming in.

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