Nielsen Outlines Four Potential Reforms for What He Calls Today's

question 11

Multiple Choice

Nielsen outlines four potential reforms for what he calls today's high leverage Finance capitalism. These reforms include all but which of the following solutions

• A)More stringent leverage requirements and oversight
• B)Compensation reform for financial executives
• C)Increased tax dollars set aside for bailouts
• D)Increased transparency of financial institutions

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Definitions:

Chattels

Tangible, movable personal property that can be measured and weighed; also known as goods.

Fixtures

Items that are attached to a property in such a way that they become part of the property and cannot be removed without permission.

Continuing Guarantee

A provision in a guarantee allowing the creditor to advance further funds without affecting the obligation of the guarantor to pay in the event of default.

Legal Claim

A formal assertion by a plaintiff that they are entitled to legal remedy or compensation from a defendant.