Debt Issuance and Investment Practices of State and Local Governments: Hearings Before the Subcommittee on Capital Markets, Securities, and Government Sponsored Enterprises of the Committee on Banking and Financial Services, House of Representatives, One Hundred Fourth Congress, First Session, July 26, 27, 1995, Volume 4 |
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AFGI amendments authority bank Bankruptcy Code bankruptcy court bankruptcy filing believe BENTSEN Board of Supervisors Bob Citron Bond Buyer bond insurance bondholders borrowing Bridgeport budget California Chairman BAKER Chapter 9 City Commission corporate County Investment Pool county's coupon credit quality dealers debt service default derivatives disclosure entity Federal bankruptcy fiscal funds GFOA government investment Government Sponsored Enterprises guidelines interest rate investment policies investment practices investment strategy issuance issues legislation leverage LGIP LIBOR limited liquidity losses market risk maturity ment million Moody's Investors Service MSRB municipal bankruptcy municipal bond municipal finance municipal issuers municipal market obligation bonds officials option Orange County bankruptcy Orange County Investment payment pool participants portfolio problems Public Finance questions rating agencies Recovery Bonds repayment repurchase agreements requirements responsibility sales tax Standard & Poor's statement structured notes Subcommittee swap swaption Teeter Thank TRANS treasurer trustee York
Popular passages
Page 884 - ... with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims...
Page 126 - Government corporation; or in obligations, participations, or other instruments of or issued by, or fully guaranteed as to principal and interest by, the Federal National Mortgage Association...
Page 710 - In acquiring, investing, reinvesting, exchanging, retaining, selling and managing property for the benefit of another, a fiduciary shall exercise the judgment and care under the circumstances then prevailing, which men of prudence, discretion and intelligence exercise in the management of their own affairs, not in regard to speculation but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital.
Page 130 - ... shall not be less than the annual amount and the period for payment which are requisite to provide for the payment when due of all Installments of principal and interest on such obligations...
Page 287 - Department of the Treasury, Securities and Exchange Commission, Board of Governors of the Federal Reserve System, Joint Report on the Government Securities Market (January 1992). The ability of...
Page 129 - Bonds, notes, or other obligations of the United States, or those for which the faith and credit of the United States are pledged for the payment of principal and interest...
Page 292 - ... untrue statement of a material fact, or any omission to state a material fact necessary in order to make the statements made (in light of the circumstances...
Page 895 - SUBCOMMITTEE ON CAPITAL MARKETS, SECURITIES AND GOVERNMENT SPONSORED ENTERPRISES, COMMITTEE ON BANKING AND FINANCIAL SERVICES, Washington, DC The subcommittee met, pursuant to call, at 10:00 am, in room 2128, Rayburn House Office Building, Hon.
Page 126 - Authority, or in obligations, participations, or other instruments of or issued by, or fully guaranteed as to principal and interest by, the Federal National Mortgage Association; or in...
Page 65 - The subcommittee met, pursuant to call, at 10:07 am, in room 2128, Rayburn House Office Building, Hon. Richard H. Baker, [chairman of the subcommittee], presiding. Present: Chairman Baker; Representatives Ryan, Sweeney, Biggert, Terry, Royce, Kanjorski, Bentsen, C.