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The Supreme Court's recent decision allowing regional interstate banks has done away with

one restriction in America's banking operation, although many others still remain. Although the ruling does not apply to very large money-center banks, it is a move in a liberalizing direction that could at last push Congress into framing a sensible legal and regulatory system that allows banks to plan their future beyond the next court case.

The restrictive laws that the courts are interpreting are mainly a legacy of the bank failures of the 1930's. The current high rate of bank failure—higher than at any time since the Great Depression—has made legislators afraid to remove the restrictions. While their legislative timidity is understandable, it is also mistaken. One reason so many American banks are getting into trouble is precisely that the old restrictions make it hard for them to build a domestic base large and strong enough to support their activities in today's telecommunicating round-the-clock, around-the-world financial markets. In trying to escape from this restrictions, banks are taking enormous, and what should be unnecessary, risks. For example, would a large bank be buying small, failed savings banks at inflated prices if federal laws and states regulations permitted that bank to explain instead through the acquisition of financially healthy banks in the region? Of course not. The solution is clear. American banks will be sounder when they are not geographically limited. The house of Representative's banking committee has shown part of the way forward by recommending common-sense, though limited, legislation for a five-year transition to nationwide banking. This would give regional banks time to group together to form. counterweights to the big money-center banks. Without this breathing space the big money-center banks might soon extend across the country to develop. But any such legislation should be regarded as only a way station on the road towards a complete examination of America's suitable banking legislation.

The author's attitude towards the current banking laws is best described as one of ______.

A.concerned dissatisfaction

B.tolerant disapproval

C.uncaring indifference

D.great admiration

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更多“The Supreme Court's recent decision allowing regional interstate banks has done away with”相关的问题

第1题

What was the Supreme Court's recent decision about?A.Allowing regional interstate banks.B.

What was the Supreme Court's recent decision about?

A.Allowing regional interstate banks.

B.Having done away with one restriction in America's banking operation.

C.Allowing banks to plan their future beyond the next court case.

D.A legacy of the bank failures of the 1930's.

点击查看答案

第2题

According to the passage, which of the following is NOT true?A.The Supreme Court's recent

According to the passage, which of the following is NOT true?

A.The Supreme Court's recent decision only applies to the local banks in the US.

B.The legislators are hold enough to deal with restrictions in American banking operation.

C.Many American banks are having difficulty in deciding their future.

D.The author regards geographical difference as a disadvantage for American banking system.

点击查看答案

第3题

According to the passage, which of the following is NOT true?A.The Supreme Court's recent

According to the passage, which of the following is NOT true?

A.The Supreme Court's recent decision only applies to tile local banks in the US.

B.The legislators are bold enough to deal with restrictions in American banking operation.

C.Many American banks are having difficulty in deciding their future.

D.The author regards geographical difference as a disadvantage for American banking system.

点击查看答案

第4题

Geoff Steward maintains that the Supreme Court's decision will make Internet companiesA.mo

Geoff Steward maintains that the Supreme Court's decision will make Internet companies

A.more liable to make negative ratings.

B.more dubious about jurisdictions.

C.more encouraged to launch defamations.

D.more cautious in their offerings.

点击查看答案

第5题

What was the result of the 5 to 4 decision of the Supreme Court?A.It was in fact for the v

What was the result of the 5 to 4 decision of the Supreme Court?

A.It was in fact for the vote recount.

B.It had nothing to do with the presidential election.

C.It decided the fate of the winner.

D.It was in essence against the vote recount.

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第6题

Geoff Steward maintains that the Supreme Court's decision will make Internet companies ___
___.

A.more liable to make negative ratings.

B.more dubious about jurisdictions.

C.more encouraged to launch defamations.

D.more cautious in their offerings.

点击查看答案

第7题

听力原文:Chile. An appeals court has supported a lower court decision releasing former mil

听力原文: Chile. An appeals court has supported a lower court decision releasing former military ruler Augusto Pinochet from house arrest. The 85-year-old former general had been under house arrest since late January. He is accused of ordering a military campaign in 1973 that killed 75 people. Last week an appeals court reduced charges against General Pinochet. The court said he could not be tried for ordering the killings but it said he could be tried for covering them up. Government lawyers are appealing this latest court decision to Chile's Supreme Court.

Q: How old is Pinochet?

(17)

A.18 years old.

B.85 years old.

C.8 years old.

点击查看答案

第8题

The American government is divided into three branches: the legislative, the executive and
the judicial. They are represented by ______, ______, and ______ respectively.

A.the Supreme Court, the Congress, the Presidency

B.the Congress, the Supreme Court, the Presidency

C.the Congress, the Presidency, the Supreme Court

D.the Presidency, the Congress, the Supreme Court

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