The different event handling on the different browsers makes this a little tricky. I had to make all divs absolute positioned to make it work in netscape. It is my pleasure to invite you to attend the Federal Reserve Bank of Chicago's 37th annual Conference on Bank Structure and Competition at the Fairmont Hotel in Chicago. As one of the leading forums for the discussion of public policy issues affecting the financial services industry, the conference has played a major role in encouraging research and informed debate of issues concerning financial regulation. This year, the major theme of the conference will be an evaluation of the purpose, role, and implications of the current structure of the financial industry safety net.
Most people typically associate the safety net with deposit insurance.
Indeed, deposit insurance is an important component of the safety net because it strives to protect the less sophisticated depositor, enhance industry stability, and provide a steady source of funding for intermediaries. The scope of the safety net, however, is more extensive than the stated coverage extended by the deposit insurance funds. It includes both implicit and explicit guarantees, the means by which these guarantees are delivered, and the resulting behavioral changes induced by their presence. Public scrutiny of the safety net has increased in recent years. For example, Fannie Mae and Freddie Mac have established lines of credit with the U.S. Treasury which makes it widely perceived that their debt is guaranteed by the U.S. government.