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Britain then promised to accelerate passage of legislation offering guarantees.
Auction houses have themselves been offering guarantees since the early 1970s to encourage collectors to sell their artworks.
And the airlines are hundreds of times bigger than Amtrak, he said, so offering guarantees could mean enormous liabilities.
That would be far below the norm of 3 to 7 percent, though the size of Facebook's offering guarantees a still-handsome payout.
And even before the mortgage crisis hit in August, both abruptly stopped offering guarantees, feeling they had committed enough money to these sales.
Some airline executives and industry analysts view Mr. Greenspan and Mr. O'Neill as hostile to the idea of offering guarantees to any airline.
Similar(40)
Collette Vacations, based in Pawtucket, R.I., just started offering guaranteed departure dates for trips in 2007.
The company has tried to lure consumers back to its lower-mileage vehicles by offering guaranteed $2.99-a-gallon 2.99-a-gallon 2.99-a-gallon gas
The University of Sheffield was offering guaranteed accommodation to all applications accepted through both clearing and adjustment.
But it has decided against offering guaranteed credit against commercial bills, a technique that the Bundesbank uses more to subsidise small German banks than for monetary policy.
Some are even offering guaranteed bonuses, believed only months ago to have vanished with the go-go years.These trading profits look unsustainable.
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