However, British Olympic chief Lord Moynihan has warned that both sports will demandguarantees over Olympic lanes if they are to be persuaded to be based at Wembley Arena.
For example, it will be tough to provide the security guarantees that American lawmakers will demand so long as the French and German governments retain influence over the combined entity.
To keep borrowing costs from exploding, municipal borrowers sought big bank letters of credit as backstop guarantees on the shorter than they wanted variable-rate demand obligations they turned to.