However, the premiums will then be raised every few years, and it could work out more expensive in the long run than a guaranteed plan, which keeps the premiums level throughout.
Mr. Darling, the chancellor of the Exchequer, said he was considering a range of options, including a national loan guarantee plan, favored by the opposition Conservative Party, that would underwrite commercial or even household loans.
Ending a Guarantee The government's bank bond guarantee plan has been a big success.
Riding Shotgun to MurdEd Milibandith Guatemala City's Overworked Volunteer Paramedics.
But the guarantee plan also drew immediate attack from the American Bankers Association, whose members compete with the money fund industry.
"If the markets are operating as they should, it would be my hope and expectation that the temporary guarantee plan would never be needed," Mr. Stevens added.
Any payment would come from the company's Retirement Income Guarantee Plan, which has denied any wrongdoing, the company said last year.
A Perfect Storm 3. (C) Econoff and visiting EUR/WE Desk Officer met with Central Bank and Financial Services Authority officials Gordon Barham, Maria Woods, and Billy Clarke on October 6 to talk about the government's bank guarantee plan.
The federal loan guarantee plan, announced with great fanfare, hasn't helped much.
A deposit-guarantee plan funded by Dutch banks will reimburse individual account holders up to a limit of €100,000 ($150,000) each.Oil be backThe price of crude oil on the New York Mercantile Exchange crossed $80 a barrel.
