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
财经
Passage four Bankers have been blaming themselves for their troubles in public.Behind the scenes,they have been taking aim at s
Passage four Bankers have been blaming themselves for their troubles in public.Behind the scenes,they have been taking aim at s
admin
2014-08-25
49
问题
Passage four
Bankers have been blaming themselves for their troubles in public.Behind the scenes,they have been taking aim at someone else:the accounting standard—setters.Their rules,moan the banks,have forced them to report enormous losses,and it’s just not fair.These rules say they must value some assets at the price a third party would pay,not the price managers and regulators would like them to fetch. Unfortunately,banks’lobbying now seems to be working.The details may be unknowable,but the independence of standard—setters,essential to the proper functioning of capital markets,is being compromised.And,unless banks carry toxic assets at prices that attract buyers,reviving the banking system will be difficult. After a bruising encounter with Congress,America’s Financial Accounting Standards Board(FASB)rushed through rule changes.These gave banks more freedom to use models to value illiquid assets and more flexibility in recognizing losses on long——term assets in their income statement.Bob Herz,the FASB’s chairman,cried out against those who”question our motives.”Yet bank shares rose and the changes enhance what one lobby group politely calls”the use of judgment by management.”
European ministers instantly demanded that the International Accounting Standards Board(IASB)do likewise.The IASB says it does not want to act without overall planning,but the pressure to fold when it completes its reconstruction of rules later this year is strong.Charlie McCreevy,a European commissioner,warned the IASB that it did”not live in a political vacuum”but”in the real world”and that Europe could yet develop different rules.
It was banks that were on the wrong planet,with accounts that vastly overvalued assets.Today they argue that market prices overstate losses,because they largely reflect the temporary illiquidity of markets,not the likely extent of bad debts.The truth will not be known for years.But bank’s shares trade below their book value,suggesting that investors are skeptical.And dead markets partly reflect the paralysis of banks which will not sell assets for fear of booking losses,yet are reluctant to buy all those supposed bargains. To get the system working again,losses must be recognized and dealt with.America’s new plan to buy up toxic assets will not work unless banks mark assets to levels which buyers find attractive.Successful markets require independent and even combative standard—setters.The FASB and IASB have been exactly that,cleaning up rules on stock options and pensions,for example,against hostility from special interests.But by giving in to critics now they are inviting pressure to make more concessions.
The author’S attitude towards standard—setters iS one of_____.
选项
A、satisfaction
B、skepticism
C、objectiveness
D、sympathy
答案
D
解析
情感态度题。通篇文章都是立足于银行对“standard—setters”的敌意行为,因此表明了其对“standard—setters”的同情。
转载请注明原文地址:https://jikaoti.com/ti/cH2QFFFM
本试题收录于:
英语题库银行系统招聘考试分类
0
英语
银行系统招聘考试
相关试题推荐
Treesshouldonlybepruned(修剪)whenthereisagoodandclearreasonfordoingsoand,fortunately,thenumberofsuchreasonsis
Allinternationalordersare__________viaGlobalExpressMailwithinfivetotenbusinessdays.
______wehavefinishedthecourse,weshouldstartdoingmorerevisionwork.
PassagefourBankershavebeenblamingthemselvesfortheirtroublesinpublic.Behindthescenes,theyhavebeentakingaimats
Themassmediaisabigpartofourculture,yetitcanalsobeahelper,adviserandteachertoouryounggeneration.Themassme
Ifyourcomputer____experienceanyproblemswithinthewarrantyperiod,youcantakeittoanauthorizedrepaircenterfreeofc
Becauseofthefinancialcrisis,daysaregone______local5-starhotelscharged6,000Yuanforonenight.
Outofallthepeople______tospeakatthemeeting,onlyoneadvocatedchangingthefirm’scurrentfinancialpolicies.
Themajorityofthosewhoattendedthemeetingremained______throughouttheentiretyoftheexcitingpresentation.
We’retalkingaboutthepianoandthepianist______wereintheconcertweattendedlastnight.
随机试题
波尔山羊,7月龄左右,约2d前突然发病,主诉饮食欲、大便等均无明显异常,目光呆滞,常回头顾腹,尿量少,有尿淋漓,患羊时有排尿姿势,频频努责,且伴痛苦呻吟表现,但仅有少量尿滴状排出,后无尿,于是来就诊。临床检查,腹围明显增大,触诊有波动感;呼吸急促(60
患者女,35岁,已婚。主诉近日白带增多,外阴瘙痒伴灼痛1周。妇科检查:阴道内多量灰白泡沫状分泌物,阴道壁散在红斑点。该患者可能的诊断是()。
监理规划编写完成后需进行审核并经批准,监理单位的( )应对其审核签认。
关于屋面保温工程施工的说法,正确的是()。
某客户购买了两只股票,假设这两只股票价格上涨的概率分别为0.3和0.6,并且这两只股票价格之间不存在任何关系,那么这两只股票价格同时上涨的概率为()。[2007年5月二级真题]
周期性失业属于()失业。(2003年6月三级真题)
下面对“江西诗派”的解说,错误的一项是()。
在我国现存的所有制结构中,私营经济()。
某系统采用LRU页置换算法和局部置换策略,若系统为进程P预分配了4个页框,进程P访问页号的序列为0,1,2,7,0,5,3,5,0,2,7,6,则进程访问上述页的过程中,产生页置换的总次数是()。
[*]
最新回复
(
0
)