INVESTMENTS see also Securities

Addresses

Automotive Imports and Foreign Investment in U.S.: Marvin T. Runyon, 11722 [7MY]

Reopening of Rose Laundry, Inc., in Huntington, WV: Representative Rahall, 31708 [10NO]

Tact and Discretion in the Press—Short Hymn of Praise: John K. Galbraith, 34428 [8DE]

Amendments

Dept. of the Treasury: investment of American Battle Monuments Commission funds for construction of Korean War Veterans Memorial (H.R. 1454), 29283 [27OC]

Analyses

Corp. for Small Business Charter Act (S. 1929): Committee on Small Business (House), 34330 [8DE]

Corp. for Small Business Investment Charter Act (H.R. 3392), 26049-26053 [1OC]

Depository Institution Affiliation Act (H.R. 3800), 36755-36759 [21DE]

Depository Institution Affiliation Act (S. 1905), 33500-33503 [1DE]

Ensure That all Participants in Securities Markets Are Equally Regulated (S. 1175), 11794 [8MY]

Announcements

Withdrawal from South Africa: Eastman Kodak Co., 2026 [27JA]

Articles and editorials

America on the Auction Block, 7076-7078, [26MR]

Bankers' Lament, 9087 [21AP]

Battle of the Banks, 2936 [4FE]

Chemical Unveils Basic Bank Account—New York Campaign Targets Blacks, Hispanics, 33786 [2DE]

Competition for Capital—Will Tax Blemish Handicap Us?, 24797 [22SE]

Dangerous Addiction—America's Craving for Foreign Capital, 24205 [16SE]

Democrats' Hold on Senate Banking Panel Augurs Tougher Stance With Banking, Securities Sectors, 1148 [12JA]

Determination Helped Snatch This Town From the Jaws of Economic Death, 8788 [9AP]

Distorting Corporate Investment, 25563 [29SE]

Economist's Growing Garden of Fallacies, 33976 [3DE], 35586 [14DE]

Economy, '88—Wall Street's Lull Before the Big Storm, 38288 [22DE]

Economy Needs 15% Solution, 32617 [18NO]

Federal Reserve May Be Living Outside the Law, 18847 [7JY]

Fighting Quotas—Independent Farmers Oppose Rules Letting Cartels Decide Output, 16871 [19JN]

Foreign Firms Build More U.S. Factories, Vex American Rivals, 24441 [17SE]

Foreign Greening of America—Outsider's Banking Moves Threaten Our Ability to Compete, Representative Coelho, 10845 [30AP]

Foreign Investors Deserve Same Treatment as Americans, 28546 [20OC]

Generic Certificates—USDA Response to Stocks Squeeze, 4642 [3MR]

Gold Lures Investors as a Storm Shelter, 11876 [8MY]

Headline-Grabbing Foreign Investment, 23680 [9SE]

History Lessons We Failed To Learn, 30977 [5NO]

How a Union Survives in Banking by Pushing Services Over Profits, 36473 [18DE]

How To Stabilize a Shaky Market, 36014 [17DE]

How To Turn Bears Into Bulls, 28999 [22OC]

Interest Rates Rise Sharply—Report about Volcker View Is Key Factor, 9203 [22AP]

Japan Roils the Markets, 30979 [5NO]

Laws Must Treat U.S. and Foreign-Owned Banks Equally, Representative Florio, 8907 [9AP]

Market Forces and Discord Stymie Cartels, 16872 [19JN]

Memo From Main Street to Wall Street—``Drop Dead!'', 35756-35758 [15DE]

Missouri Town That's Bouncing Back, 8790 [9AP]

Mr. Perfect President, 21563 [29JY]

Mubarak Puts Emphasis on Private Investment, 23510 [20AU]

On March 10, the Senate Banking Committee Faced Up to National Financial Problems, 6615 [24MR]

Our Problem Is That We Consume Too Much, 9793 [27AP]

Plague of the Paper Pushers, 6935 [25MR]

Plan for Takeover Taxes Stirs Fears in Markets, 29009 [22OC]

Quarterbacking the Market, 31729 [12NO]

Sanctions—The Republic of South Africa, 37641 [21DE]

Stock Market Plunge, 31433 [9NO]

Tariffs Miscast as Villain in Bearing Blame for Great Depression—Smoot/Hawley Exonerated, 33970-33973 [3DE]

Taxing Capital Gains, 31439 [9NO]

That M&A Tax Scare Rattling the Markets, 29928 [29OC], 31157 [5NO]

Three Inevitabilities—Death, Taxes and Market's Collapse, 24683 [21SE]

Truth About Takeovers—And the Beauty of Junk Bonds, 19271 [9JY]

U.S.' Allies Urge Fresh Look at World Monetary System—Europe Seeks To Get off Currency Roller Coaster by Lessening Role of U.S. Dollar, 30978 [5NO]

U.S.' Allies Urge Fresh Look at World Monetary System—Japan Willing To Prop Up Dollar, but Says U.S. Must Tackle Its Own Deficits, 30978 [5NO]

Wake Up, America!, 33983 [3DE]

Wall Lays Foundation to Rebuild Thrift Industry, 25723 [7OC]

Wall Street Law Firm Breaks Ranks, 9204-9206 [22AP]

What About Shareowners' Responsibility?, 29776 [28OC]

What Is a Bank?, 3266 [10FE]

Who Benefits From Sanctions?, 33938-33943 [3DE]

World Economy Is Running Out of Steam, 21557 [29JY]

Bills and resolutions

Agriculture: tax treatment of grain storage and similar structures for purposes of depreciation and investment tax credit (see H.R. 1465)

American Battle Monuments Commission: investment of funds for construction of Korean War Veterans Memorial (see H.R. 1454)

Banks and banking: enhance competition in financial services (see H.R. 3799)

———expand availability of long-term capital for industrial mortgages (see H.R. 2406)

———financial services holding companies (see H.R. 3360)

———reform and regulation of financial services (see H.R. 3800)

———State pension investment units, secondary market for industrial mortgages, State venture capital, royalty finance corporations, and a national loan loss reserve fund (see H.R. 1464)

Brazil: trade and investment informatics policies (see H. Res. 306)

Business: employee stock ownership plans (see H.R. 41)

———provide penalties for nondisclosure of serious concealed dangers by certain entities and personnel (see H.R. 2664)

Chile: sanctions (see S. 709; H.R. 1561)

Commodities: joint study of market volatility (see H.R. 3594), 30390 [2NO]

Commodity Exchange Act: insider trading (see H.R. 251)

Corp. for Small Business Investment: establish (see S. 1929; H.R. 3392)

Corporate mergers: disclosure requirements for certain acquisitions of securities (see S. 336)

Corporate Raider Tax Act: enact (see H.R. 2995)

Corporate Takeover and Insider Abuse Reform Act: enact (see S. 1324)

Corporations: protection of public interest and investors in takeovers (see H.R. 2016)

———tender offers (see H.R. 2172)

Crime and criminals: penalties for early disclosure and use of certain time-sensitive official economic information (see H.R. 3012)

Dept. of the Treasury: establish Office of Multilateral Development Bank Procurement (see S. 1406)

Economic statistics: criminal penalties for premature release (see H.R. 1867)

Employee stock ownership plans: estate tax deduction for employer securities sales (see H.R. 1311)

Farm Credit Banks: protect stock of borrowers in institutions of farm credit system (see H. Res. 137)

Farm Credit System: protect stock of borrowers (see H.R. 2324)

Foreign Assistance Act: amend relative to the activities of OPIC (see H.R. 3797)

Foreign countries: equal access in dealing in government debt instruments (see H.R. 1463)

———restrictions on conduct of hostile takeovers of U.S. firms by foreign-based persons (see H.R. 3401)

Foreign Primary Dealer and Bank National Treatment Act: enact (see S. 1101)

Foreign trade: prohibit investments in U.S. by certain South African mining interests (see H.R. 3328)

Free enterprise: competition in the financial services sector (see S. 1905)

Invest in the U.S.A. Year: designate (see H.J. Res. 401)

Investment tax credit: reinstate 5% for certain property (see H.R. 936)

———reinstatement and restrictions (see H.R. 943)

Junk Bond Limitation Act: enact (see S. 1653)

Multilateral Investment Guarantee Agency: U.S. membership (see S. 739)

———U.S. participation (see S. 1406)

Panama Canal Interest Act: enact (see H.R. 1688)

Patents: extend patent numbered 3,387,268, Quotation Monitoring Unit, for 10 years (see H.R. 1274)

Pensions: employee stock ownership plans (see H.R. 41)

———tax treatment of gains from short-term investments (see H.R. 2932)

Petroleum: tax incentive for domestic production (see S. 233)

Reagan, President: authority to stabilize prices, wages, interest rates, and corporate dividends (see H.R. 272)

Regulated investment companies: repeal 3-month holding period requirement (see H.R. 2295)

SBA: authorize to purchase (see H.R. 433)

SEC: exemptive authority (see H.R. 3302)

———pay rewards for information on insider trading and market manipulation (see H.R. 2494)

———shareholder democracy (see H. Con. Res. 42)

———study and investigation of Federal securities laws, rules, and regulations (see H.R. 1457)

Securities: additional restraints on tender offers (see S. 227)

———disclosures relative to accumulations of stock and tender offers (see S. 1323)

———enhance competitiveness of commercial banks and bank holding companies in markets (see H.R. 3837)

———extend waiting periods and expand applicability of notification requirement of Clayton Act (see H.R. 586)

———notification requirements applicable to foreign persons who acquire voting securities or assets (see H.R. 3246)

———penalties for insider trading (see H.R. 1238)

———repeal Williams Act amendments to Securities Exchange Act (see H.R. 3618)

———require foreign persons to register investments (see H.R. 312)

———sale of obligations to issuer before public offering (see H.R. 2059)

———use of nonpublic information (see S. 230, 231)

Securities Exchange Act: amend (see H.R. 1601)

———amend relative to tender offers (see S. 678)

———amend to ensure that all participants in securities markets are equally regulated (see S. 1175)

Shareholder Democracy Act: enact (see H.R. 2996)

Social Security: prevent disinvestment of trust funds (see H.R. 702)

———safeguard trust funds by ensuring prudent investments (see H.R. 1369)

South Africa: prohibit investments (see S. 556; H.R. 1153, 1580)

———sanctions (see S. Res. 82)

Stock Market Investment Act: enact (see H.R. 3668)

Tax Reform Act: amend portions relative to two-earner married couple deduction, maximum rate and capital gains, and farmers income averaging (see S. 670)

———eliminate retroactivity in repeal of investment tax credit (see H.R. 1925)

———repeal special treatment of investment in a technology transfer service organization (see H.R. 1806)

Taxation: capital gains (see H.R. 3353, 3635)

———deduction for certain indebtedness incurred to acquire 50% or more ownership interest in a corporation (see S. 1058)

———determination of individual's gross income (see H.R. 3570)

———exempt certain publicly offered regulated investment companies (see H.R. 3375)

———exempt earnings on certain investment accounts (see H.R. 1798)

———exemption for certain investment companies from disallowance of indirect deductions through passthrough entities (see S. 1489)

———extend energy investment credit for geothermal property (see H.R. 3553)

———long-term capital gains rate (see S. 1789)

———modify certain provisions regarding tax-exempt bonds (see S. 1864)

———reduce maximum capital gains rate to 15% (see H.R. 3552)

———reinstate 5% investment tax credit for productive property (see H.R. 246)

———reinstate on interest received by foreigners on certain portfolio (see H.R. 494)

———small issuers of tax-exempt bonds (see H.R. 3561)

———tax-exempt bonds (see H. Con. Res. 159)

———treatment of earnings on certain investment accounts (see S. 1364)

Tax-Exempt Financing Abuse Act: enact (see H.R. 2975)

Books

``What Should Banks Do?'': Robert E. Litan, 33125 [20NO]

Communiques

Preservation of an open and stable international environment for trade and investment: Business Roundtable and Roundtable of European Industrialists, 36229 [18DE]

Excerpts

``Takeover Game'', John Brooks, 14616 [4JN]

Explanations

Insider trading legislation: proposal by ad hoc committee, 16391-16393 [17JN]

Tender Offer Reform Act (H.R. 2172), 10031-10035 [27AP]

Hearings

Committee on Banking, Housing, and Urban Affairs: improper activities in the securities industry (testimony), D266 [22AP]

———insider trading and hostile corporate takeovers (testimony), D244 [8AP]

Committee on Energy and Commerce: SEC and ongoing commission activities (testimony from John S.R. Shad), D119 [5MR]

Letters

Banking and the paper market: M. Douglas Ivester, 33124 [20NO]

Insider trading: Harvey L. Pitt, 16390 [17JN]

Regulated investment companies: Dept. of the Treasury, 11354 [6MY]

SEC budget: several Senators, 36233 [18DE]

Tax treatment of securities transactions: John J. Chewning, 24043 [15SE]

U.S. financial leadership: Senator Byrd, 28397 [20OC]

Memorials of legislature

California, 24779 [22SE]

Newsletters

Financial services holding company, Association of Bank Holding Companies, 3266 [10FE]

Papers

De-Mythification of America: Richard Rahn, U.S. Chamber of Commerce, 25732 [30SE]

Questions and answers

Financial Services Holding Company Act, 26938 [7OC]

Remarks in House

Banks and banking: access to deposit funds, 6615 [24MR]

———Amalgamated Bank of New York, 36473 [18DE], 36484, 36486 [18DE]

———financial services holding companies (H.R. 3360), 25936 [30SE], 26208 [1OC], 26411 [5OC], 26938 [7OC], 31723 [10NO]

———foreign investments in U.S. institutions, 10844 [30AP]

———reform, 3265 [10FE]

———reform and regulation of financial services (H.R. 3800), 36754 [21DE]

———securities, real estate, and insurance regulations, 14513 [3JN]

———services for low-income families, 33786 [2DE]

Brazil: trade and investment informatics policies (H. Res. 306), 31457 [9NO]

Business: economic impact of foreign investments, 23680 [9SE]

Caribbean Basin Economic Recovery Improvement Act: enact, 23472 [7AU]

Corp. for Small Business Investment: establish (H.R. 3392), 26048 [1OC]

Corporate Raider Tax Act: enact (H.R. 2995), 21040 [23JY]

Corporations: capital gains (H.R. 3635), 31704 [10NO]

———effects of Government regulations on mergers, buyouts, acquisitions, privatization, and deregulation, 24116-24123 [16SE]

———takeovers, 6935 [25MR]

———tender offers (H.R. 2172), 10031 [27AP]

Dept. of the Treasury: investment of American Battle Monuments Commission funds for construction of Korean War Veterans Memorial (H.R. 1454), 29281-29283 [27OC]

Economic conditions: computerized futures trading in securities markets, 28798 [22OC]

———growth during Reagan administration, 25724-25735 [30SE]

———international coordination, 30923 [4NO]

———monetary policy, 30975-30980 [5NO]

———stock market, 24683 [21SE]

———stock market crash, 28542 [20OC], 28784 [21OC], 28999 [22OC], 29302 [27OC], 31433 [9NO], 32713 [18NO]

———world status, 21556 [29JY]

Employment: foreign jobs from U.S. investment, 30812 [4NO]

Farm Credit Banks: protect stock of borrowers in institutions of farm credit system, 11893 [11MY]

Firearms: stock divestiture in companies that manufacture handguns, 9677 [23AP]

FNMA: real estate mortgage investment conduits, 4001-4003 [24FE]

Ford Motor Co.: South African investments, 35749 [15DE]

Foreign Assistance Act: amend relative to the activities of OPIC (H.R. 3797), 36655 [19DE]

Foreign investments: effect on domestic employment, 31708 [10NO]

Foreign Ownership Disclosure Act: enact (H.R. 312), 930 [7JA]

Foreign trade: unfair practices, 2199 [29JA]

GAO: authorize audit of Federal Reserve Board, Federal Advisory Council, Federal Open Market Committee, and Federal Reserve banks (H.R. 96), 4094 [25FE], 18847 [7JY]

Government regulations: effects on corporate mergers, buyouts, acquisitions, privatization, and deregulation, 24116-24123 [16SE]

Government securities: Treasury bond market, 10179 [28AP]

Haiti: economic assistance, 4950 [5MR]

———OPIC mission, 2668 [3FE]

Honda North America, Inc.: investment in Ohio, 28168 [15OC]

Individual retirement accounts: tax treatment (H.R. 951), 3192 [5FE]

Investment tax credit: reinstate (H.R. 905), 3312 [11FE]

IRA Equity and Retention Act: enact (H.R. 951), 3192 [5FE]

Japan: firms investing in U.S., 12230 [12MY]

Mutual funds, 30975-30980 [5NO]

Panama Canal Interest Act: enact (H.R. 1688), 6227 [18MR], 16777 [18JN]

Pensions: employee stock ownership plans (H.R. 41), 941 [7JA]

———portability system, 8080 [7AP]

Public debt: comprehensive foreign debt information, 34725 [10DE]

Regulated investment companies: repeal 3-month holding period requirement (H.R. 2295), 11302, 11353, 11354 [6MY]

Savings and investments: efforts by banks to skim customers, 13323 [21MY]

SEC: pay rewards for information on insider trading and market manipulation (H.R. 2494), 13425 [21MY]

Securities: corporate takeovers, 6935 [25MR]

———insider trading, 24248 [16SE]

———penalties for insider trading (H.R. 1238), 4125 [25FE]

———protecting shareholder's voting right (H. Con. Res. 42), 3205 [5FE]

———regulation of stock market, 31174 [5NO]

———require foreign persons to register investments (H.R. 312), 930 [7JA]

———sale of obligations to issuer before public offering (H.R. 2059), 9030 [10AP]

———stock market decline, 28526 [20OC]

———tax on transactions, 5468 [11MR], 24043 [15SE]

Shareholder Democracy Act: enact (H.R. 2996), 21034 [23JY]

South Africa: apartheid, 23896 [15SE]

———effects of economic sanctions, 2026 [27JA], 4516 [3MR]

———prohibit investments (H.R. 1580), 16211 [16JN], 31724 [10NO]

Stock market: decline, 28447-28455 [20OC], 28621 [21OC], 35755 [15DE]

Stock Market Investment Act: enact (H.R. 3668), 33203 [20NO]

Taxation: capital gains (H.R. 109), 6215 [18MR]

———capital gains (H.R. 3353), 30241 [29OC]

———capital gains (H.R. 3635), 31618 [10NO]

———exempt certain publicly offered regulated investment companies (H.R. 3375), 25919, 25927 [30SE]

———extend energy investment credit for geothermal property (H.R. 3553), 29528 [27OC]

———mutual fund shareholders assessed calendar year payment schedule, 34669 [10DE]

———reduce maximum capital gains rate to 15% (H.R. 3552), 29515 [27OC]

———reinstate 5% investment tax credit for certain property (H.R. 936), 2501 [3FE]

———small issuers of tax-exempt bonds (H.R. 3561), 29676 [28OC]

———treatment of securities transactions, 24043 [15SE]

Weinberger, Sec. of Defense: remarks on cause of stock market crash, 28543 [20OC]

Remarks in Senate

Banks and banking: competition in financial services sector (S. 1905), 33492-33504 [1DE], 35982 [17DE]

———institutional reforms, 9087 [21AP]

———recapitalization of thrift industry, 29489 [27OC]

Capital gains: differential (S. 444), 24797 [22SE]

———treatment, 10167 [28AP]

Corporate Takeover and Insider Abuse Reform Act: enact (S. 1324), 14685 [4JN]

Corporation for small business investment: establish (S. 1929), 34329-34332 [8DE]

Corporations: hostile takeovers, 12581 [15MY]

———hostile takeovers and insider trading, 9755 [27AP]

———restrictions on corporate tender offers (S. 227), 668-674 [6JA]

Dept. of Agriculture: generic certificates, 4642 [3MR]

Dept. of HUD: Real Estate Mortgage Investment Conduits, 9416 [23AP]

Economic conditions: foreign capital, 24205 [16SE]

———impact of excessive consumer spending, 9793 [27AP]

———market forecasting, 33066 [20NO]

———myths surrounding current status, 33976 [3DE]

———status of stock market, 33969 [3DE], 34952 [10DE]

———stock market crash, 28365, 28404, 28436 [20OC], 29813-29816 [29OC], 30317 [30OC]

———U.S. outlook, 31249 [6NO]

Employee stock ownership plans, 20035 [15JY]

First-Time Homebuyer Opportunity Act: enact (S. 282), 749 [6JA]

Foreign Primary Dealer and Bank National Treatment Act: enact (S. 1101), 10117 [28AP]

Foreign trade: preservation of an open and stable international environment for trade and investment, 36229 [18DE]

FTC: commodity marketing orders, 16871 [19JN]

Government National Mortgage Association: limit fees for mortgage-backed securities (S. 607), 4329, 4330 [26FE], 5644 [12MR]

Government securities: foreign purchases, 9203 [22AP]

Insider Trading Definition Act: enact (S. 230), 676

Insider Trading Proscriptions Act: enact (S. 1380), 16387, 16393 [17JN]

Insider Trading Reform Act: enact (S. 231), 676-677 [6JA]

Junk Bond Limitation Act: enact (S. 1653), 23243-23245 [7AU]

Multilateral Investment Guarantee Agency: U.S. membership (S. 739), 5619 [12MR]

Rural Enterprise Zone Act: enact (S. 983), 8783, 8790 [9AP]

SEC: budget, 36233 [18DE]

Securities: disclosure requirements for stock acquisitions (S. 336), 1509 [20JA]

———disclosures relative to accumulations of stock and tender offers (S. 1323), 14611-14627 [4JN], 15098 [9JN], 20137 [17JY], 24532 [18SE]

———Government regulations, 2936 [4FE]

———high yield bonds, 18585 [1JY]

———limit banks powers, 30484-30490 [3NO]

———notice of purchases (S. 78), 535 [6JA]

———penalties for fraud (S. 657), 5014 [6MR]

———stock market prices, 31729 [12NO]

Securities Exchange Act: amend relative to tender offers (S. 678), 5042 [6MR]

———amend (S. 78), 535 [6JA]

———amend to ensure that all participants in securities markets are equally regulated (S. 1175), 11791-11793 [8MY]

South Africa: ban loans and investments by U.S. corporations, 33938 [3DE], 37640-37642 [21DE]

———prohibit investments (S. 556), 3743 [19FE]

———sanctions (S. Res. 82), 1927 [26JA]

Stock market: decline, 31157 [5NO]

———Federal deficit cause of market downturn, 28845 [22OC]

———recovery, 28624 [21OC]

Tax Reform Act: amend (S. 591), 4293 [26FE]

Taxation: capital gains, 32617 [18NO]

———deduction for certain indebtedness incurred to acquire 50% or more ownership interest in a corporation (S. 1058), 9138 [21AP]

———exemption for certain investment companies from disallowance of indirect deductions through passthrough entities (S. 1489), 19782 [14JY]

———long-term capital gains rate (S. 1789), 28130 [15OC]

———modify certain provisions regarding tax-exempt bonds (S. 1864), 31825 [12NO]

———preferential rate for capital gains, 24553 [18SE]

———reduced capital gains tax rates, 36014 [17DE]

———restoration of capital gains three-tiered rate differential (S. 1825), 29536 [28OC]

———retroactive effective dates for a new section of the Internal Revenue Code, 30371 [30OC]

Reports

Financial Market Structure—A Longer View: E. Gerald Corrigan, 33145-33158 [20NO]

Reports to constituents

Hamilton, Lee H.: Foreign Investment, 25914 [30SE]

Rosters

Ad hoc committee on insider trading legislation, 16390 [17JN]

Statements

Ban of U.S. Loans and Investments in South Africa: Senator Helms, 33938 [3DE]

Corporate Takeovers: Alan Greenspan, 14614 [4JN]

———Felix Rohatyn, 14616 [4JN]

———Fred Hartley, Unocal Corp., 14616 [4JN]

———Greg A. Smith, Prudential Bache Co., 14617 [4JN]

———John Shad, SEC, 14617 [4JN]

———Paul A. Volcker, 14616 [4JN]

———Peter Drucker, 14617 [4JN]

———Robert B. Luciano, Schering-Plough Corp., 14617 [4JN]

———Robert Mercer, Goodyear Tire & Rubber Co., 14617 [4JN]

———Thomas Donahue, AFL-CIO, 14617 [4JN]

———William E. Wall, Kansas Power & Light Co., 14615 [4JN]

Depository Institution Affiliation Act: Senator Wirth, 33492 [1DE]

Economic Sanctions Against South Africa: former Kodak employee, 4516 [3MR]

Financial Services Industry: Senator Garn, 2936 [4FE]

Financial Services Sector Competition and Regulatory Reform: Louis V. Gerstner, Jr., 35982-35985 [17DE]

Foreign Investment: Paul A. Volcker, 20187, 20188 [17JY]

Insider Trading: ABA, 16387 [17JN]

———Harvey L. Pitt and John F. Olson, 16388 [17JN]

———John Shad, 28504 [20OC]

———Richard M. Phillips and Robert J. Zutz, 16388 [17JN]

———Sam Zell, 28504 [20OC]

———Time (magazine), 28504 [20OC]

Investment Banking: Samuel Hayes, 33124 [20NO]

Investment Tax Credit: John F. Kennedy, 2501 [3FE]

London Stock Market: David Neeson, 33123 [20NO]

Registration of Foreign Interests in U.S. Property: Federal Reserve Board, 20186 [17JY]

Stock Market Decline: Representative Kemp, 28526 [20OC]

U.S. Economic Growth and Opportunity: Senator Kasten, 31250 [6NO]

Summaries

Financial Modernization Act (S. 1886) (draft), 30484 [3NO]

Restoration of Capital Gains Tax Three-Tiered Rate Differential (S. 1825), 29536 [28OC]

Rural Enterprise Zone Act (S. 983), 8788 [9AP]

Tax Incentives for Cash Profit Sharing Plans: various business groups and individuals, 35325 [11DE]

Tender Offer Disclosure and Fairness Act (S. 1323), 14620, 14623-14625 [4JN]

Testimonies

Employee Stock Ownership Plans: Russell B. Long, 20035-20037 [15JY]

Hostile Takeovers, William E. Wall, 5131 [10MR]

Nonbank Subsidiary of Bank Holding Company: Donald T. Regan, Sec. of the Treasury, 30484 [3NO]

Reducing the Budget Deficit: Paul A. Volcker, 8900 [9AP]

Texts of

H. Res. 306, reopen informatics case against Brazil, 31457 [9NO]

H.R. 2059, sale of securities obligations to issuer before public offering, 9031 [10AP]

H.R. 2494, SEC rewards for information on insider trading and market manipulation, 13425 [21MY]

H.R. 2996, Shareholder Democracy Act, 21034 [23JY]

H.R. 3240, Racketeer Influenced and Corrupt Organizations Act amendment, 23405 [7AU]

H.R. 3360, establish financial services holding companies, 26208-26210 [1OC]

S. 78, notice of stock purchases, 536 [6JA]

S. 336, disclosure requirements for stock acquisitions, 1509 [20JA]

S. 607, limit fees for mortgage-backed securities issued by Government National Mortgage Association, 4329 [26FE]

S. 657, penalties for securities fraud, 5014 [6MR]

S. 678, Securities Exchange Act amendment relative to tender offers, 5044 [6MR]

S. 739, U.S. participation in international development funds, 5619 [12MR]

S. 983, Rural Enterprise Zone Act, 8783-8788 [9AP]

S. 1058, tax deduction for certain indebtedness incurred to acquire 50% or more ownership interest in a corporation, 9139 [21AP]

S. 1101, Foreign Primary Dealer and Bank National Treatment Act, 10118 [28AP]

S. 1175, amend Securities Exchange Act to ensure that all participants in securities markets are equally regulated, 11793 [8MY]

S. 1323, Tender Offer Disclosure and Fairness Act, 14618-14620 [4JN]

S. 1380, Insider Trading Proscriptions Act, 16389 [17JN]

S. 1653, Junk Bond Limitation Act, 23245 [7AU]

S. 1789, long-term capital gains tax rate, 28131 [15OC]

S. 1886, Financial Modernization Act, 33127-33130 [20NO]

S. 1905, Depository Institution Affiliation Act, 33493-33500 [1DE]

S. Res. 295, Employee Ownership Week, 26577 [6OC]

Transcripts

Behave or Be Damned: Paul Harvey, 24248 [16SE]