Foreign Bank Supervision
Chairman Greenspan and bank regulators testified that they failed to respond adequately in 1993 to financial irregularities at Daiwa Bank… read more
Chairman Greenspan and bank regulators testified that they failed to respond adequately in 1993 to financial irregularities at Daiwa Bank in New York. Daiwa Bank disclosed this fall that one of its traders lost $1.1 billion in bond trading over eleven years. There also a federal indictment against the bank for conspiracy to conceal the losses. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
People in this video
- Alan Greenspan Chair Federal Reserve->Board of Governors
- Ricki Helfer Chair Federal Deposit Insurance Corporation
- Neil Levin Chairman Conference of Bank Supervisors
Termination of the Resolution Trust Corp.
Committee members heard on the progress of dissolving the Resolution Trust Corporation by the end of the year and…
Futures Trading Issues
The witnesses testified about their support or opposition to S. 207, the Futures Trading Practices Act.
Security Market Reform
October 1987 Stock Market Decline
The committee hears testimony on the current securities markets emphasizing the stock market plunge of October 1987 and…