文档介绍：2001 年 MBA 英语真题及答案
Questions 31 to 34 are based on the following passage:
The stability of the . banking system is maintained by means of supervision and regulation,inspections, deposit insurance,and loans to troubled
over 50 years,these precautions have prevented banking ,there have been some close collapse of Continental lllinois Bank
& Trusted Company of Chicago in 1984 did not bring down the banking system,but it certainly rattled some windows.
In the late 1970s,Continental soared to a leadership position among Midwestern of its growth strategy were risky, made many loans
in the energy field,including billion that it took over from Penn Square Band of Oklahoma obtain the funds it needed to make these loans,Continental
relied heavily on short term borrowing from other banks and large,30 day certificates of deposit-"hot money",in banking least one Continental
officer saw danger signs and wrote a warning memo to her superiors,but the memo went unheeded .Although the Comptroller of the Currency inspected
Continental on a regular basis,it failed to see low serious its problems were going to be.
Penn Square Bank was closed by regulators in July energy prices began to slip,most of the billion in loans that Continental had taken over
from the smaller banks turned out to be loans to troubled companies such Chrysler,lnternational Harvester,and Braniff looked
these problem， "hot money"owners began to pull their funds out of Continental.
By the spring of 1984,a run on Continental had May,the bank had to borrow .5 billion from the Fed to replace overnight funds it bad this
was not try to stem the outflow of deposits from Continemtal,the FDIC agreed to guarantee not just the first ,000 of each depositor s money but all
of