首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
You will hear an interview with some myths about banks. For each question(23-30), mark one letter(A, B or C)for the correct
You will hear an interview with some myths about banks. For each question(23-30), mark one letter(A, B or C)for the correct
admin
2016-10-25
25
问题
You will hear an interview with some myths about banks.
For each question(23-30), mark one letter(A, B or C)for the correct answer.
After you have listened once, replay the recording.
Which does not belong to the TARP’s work?
Woman: Mr. Lewis, could you analyze what role did banks play in the market bubble?
Man: Our economic crisis mirrors every great market bubble in history. Clearly, banks were major participants, but they were not alone. Mortgage lenders, borrowers, regulators, policy makers, appraisers, rating agencies, investors and investment bankers all played a role in pushing economic excesses forward. The institutions that gave in completely to the frenzy are no longer with us. Those balancing the need to compete with the need to lend prudently survive today and are helping to stabilize the system.
Amid the turmoil, it has become clear that banks need to make changes in the way they run their business, from risk management to expense control to compensation practice. Most banks are making these changes in a good-faith effort to adjust to new economic realities.
Woman: One claim is that the banks aren’t lending. How do you analyze it?
Man: This claim is simply not true. Yes, banks have tightened lending standards after a period in which standards were too lax. But, according to Federal Reserve data, bank credit has actually increased over the course of this recession, and business lending is trending up most modestly so far in 2009. Also, mortgage finance volume Is booming as a result of low interest rates. What’s gone from the system is the" easy "credit that gets us into this mess, as unregulated nonbank lenders have disappeared, and the market for many asset-backed securities has all but dried up. Most banks are making as many loans as we responsibly can, given the recessionary environment.
Woman: What about the claim that the banks are insolvent?
Man: In the past 18 months, we’ve seen nearly 15 bank failures. which compares to about the 40 failures or closings of commercial banks or savings institutions between 1986 and 1987. There may be more to come, but the vast majority of banks will weather this economic storm.
Woman: Then, the Troubled Asset Relief Programme(TARP)hasn’t worked?
Man: Not true. Last October, when the TARP was enacted, systemic risk threatened our entire financial system and economy. The point of the programme was to stabilize surviving banks. prevent a total meltdown, and enable banks to lend more. The TARP and other government programmes have worked, and banks have made more loans as a result.
Woman: What about the claim that taxpayers have given the banks billions and won’t get their money back?
Man: TARP funds are not charity. Banks that received TARP funds will make about $13 billion in dividend payments to the U.S. Treasury this year. TARP funds are loans yielding anywhere from 5% to 8% interest This is a win-win: Banks are getting the capital they need, and taxpayers are getting a strong return on their investment.
Woman: One claim says that "The only way to fix the banks is to nationalize them." Is it true?
Man: This is a misguided premise. The announcement of nationalization will undermine the confidence in the financial system and send shudders through the investment community. Politicizing lending decisions and the credit allocation process will be destructive for the economy.
Man: Nationalization also will give the false impression that all banks are insolvent. We agree with Federal Reserve Chairman Ben Bernanke’s statement that the nationalization of banks is not necessary to stabilize the banking system.
Woman: OK. Then getting our facts straight as we debate the important issues will help us rebuild a healthy financial services sector that can better support economic growth. Thank you, Mr. Lewis.
选项
A、stabilizing surviving banks
B、preventing a total meltdown
C、enabling banks to lend less
答案
C
解析
转载请注明原文地址:https://kaotiyun.com/show/KosO777K
本试题收录于:
BEC中级听力题库BEC商务英语分类
0
BEC中级听力
BEC商务英语
相关试题推荐
•Readthearticleaboutinternationalauditingstandards.•Foreachquestion31-40,writeonewordinCAPITALLETTERSonyour
•Readthefollowingextractfromanarticleabouttheadvantagesofmakingthefirstoffer/demandinnegotiation.•Foreachques
•Readthearticlebelowaboutacompany.•ChoosethecorrectwordtofilleachgapfromA,B,CorD.•Foreachquestion(
•Readthearticlebelowaboutacompany.•ChoosethecorrectwordtofilleachgapfromA,B,CorD.•Foreachquestion(
•Readthistexttakenfromanarticleoncustomers’complaints.•Choosethebestsentencefromtheoppositepagetofilleachof
•Readthistexttakenfromanarticleaboutthedifferencebetweeninternalizationandglobalization.•Choosethebestsentence
•Readthistexttakenfromanarticleaboutthedifferencebetweeninternalizationandglobalization.•Choosethebestsentence
•Readthearticleabouthowtohandletrickquestionsinajobinterview.•Foreachquestion31--40,writeonewordinCAPITAL
•Readthearticleabouthowtohandletrickquestionsinajobinterview.•Foreachquestion31--40,writeonewordinCAPITAL
•Readthearticlebelowabouttelephoneskills.•Foreachquestion31-40writeonewordinCAPITALLE’I’I’ERSonyourAnswerS
随机试题
东方股份有限公司(以下简称“东方公司”)系境内上市公司。2011年至2012年,东方公司发生的有关交易或事项如下。 (1)2011年10月1日,东方公司与境外A公司签订一项合同,为A公司安装某大型成套设备。合同约定: ①该成套设备的安装任务包括场地
要求焊后加工的机床床面、气缸加工面的重要灰铸铁焊接时,应选用()。
功能折旧违背了以下哪个原理?()。
孙老师编写的校本教材出现了不少错误,遭到同事的质疑,孙老师说:“这不过是一本校本教材而已,没必要那么认真。”孙老师的做法()
根据所给资料,回答下列问题。 2011年,我国规模以上电子信息制造业主营业务成本占主营业务收入的比重达到88.7%,比2010年提高0.6个百分点。行业中亏损企业2497个,同比增长36.7%,企业亏损面达16.6%;亏损企业亏损额同比增长52.9%。
一号景点和二号景点相距90千米,甲骑自行车行完全程要3小时,乙骑自行车行完全程4.5小时。甲上午九点从一号景点出发赶往二号景点,乙上午十点从二号景点出发沿同一条路赶往一号景点,什么时候甲、乙相遇?
知觉依赖于直接作用于感觉器官的刺激物的特性,对这些特性的加工,称为()
关于软件性能测试的指标,下列说法不正确的是______。
A、HernamewasMargaretRarick.B、Shewasmygrandfather’shalfsister.C、Shekepthermaidenname.D、ShewasL.Rarick’sgrandm
TheUnitedStatesiswell-knownforitsnetworkofmajorhighwaysdesignedtohelpadrivergetfromoneplacetoanotherinth
最新回复
(
0
)