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  3. The Supreme Court’s recent decision allows regional interstate banks to do aw

The Supreme Court’s recent decision allows regional interstate banks to do aw

游客2023-12-20  36
问题    The Supreme Court’s recent decision allows regional interstate banks to do 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 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 1930s. The current high rate -- higher than at any time since the Great Depression -- has made legislators afraid to remove the restrictions. While 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 these 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 law and states’ regulations permitted that bank to expand through the acquisition of financially healthy banks in the region7 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-sensible, 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-legislation should be regarded as only a way station on the road towards a complete examination of American’s suitable banking legislation. [br] Which of the following best expresses the main idea of the passage?
选项 A、The current banking law must be interpreted by the Supreme Court to be useful to today’s banks.
B、Although there are currently many bank failures, the nature of banking has not really changed that much.
C、Money-center banks currently have too much power as compared with the regional banks.
D、Because current laws are not responsive to contemporary banking needs, banks have been forced to take needless and dangerous risks.
答案 D
解析 该题问：下面哪一个最好地表达了文章主题思想?D项意为“因为目前法律已不能满足现代银行业发展的需要，银行不得不去冒一些无谓的风险”。第二段第五句指出，为了摆脱限制，银行正在冒着巨大(但却没必要的)风险。
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