But reasonably sophisticated investors can create the same product themselves by purchasing a risk-free zero-coupon Treasury bond and call options on a stock index, such as XSP options traded on the Chicago Board Options Exchange.
Officials from the National Security Staff, USAID, the State Department and the Treasury Department walked call participants through the ways American citizens can donate to the relief efforts without violating the sanctions that are currently in place.
The Treasury was quick to call for further wage restraint in both the public and private sector.
The committee will call former Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke to testify on the Bank of America-Merrill saga in the near future.
He asked Treasury Secretary Paulson to call the Russian authorities to let him fly his private jet over their airspace to return to the US and face the expanding crisis.
During one, Obama laid out the steps in negotiating the bailout package: he would call the Treasury Secretary, Henry Paulson, and the Federal Reserve chairman, Ben Bernanke, and consult with Senate Majority Leader Harry Reid.
Also, as I mentioned last Friday, Royal Bank of Scotland has what is known as contingent capital, or a contractual arrangement with the Treasury that it can call on taxpayers again for capital in a crisis - and this contingent capital should in some ways be seen by regulators as helping RBS to meet the new capital requirements (because future taxpayer help is guaranteed).
One important consequence would be that in the next banking crisis, the Bank of England would not - in theory - have to call on the Treasury to put quite so much money into a Royal Bank of Scotland or an HBOS that was facing collapse, because the creditors of those banks would be forced to become shareholders.
Big financial firms are already difficult to manage: Citigroup this week announced that it was hiring Robert Rubin, the former treasury secretary, bringing its roll-call of chairmen to three.
His call for publication follows the decision of the Treasury in late November to shelve legislation that would have forced such disclosure.
To profit from a housing-induced drop in short-term rates, buy the iShares Lehman 1-3 Year Treasury Bond Fund (80, SHY) or its call option.
Mr Hoffman acknowledged that the Treasury Select Committee hearings had been a "wake-up call" for the company.
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But if so, I suspect that has more to do with the US Treasury Secretary's comments on Wednesday than anything said on that call.
The outlines of the plan call for the creation of either a branch of the Treasury Department or an independent agency to buy or take on troubled assets, with the goal of either selling them at a profit later or working them off.
There are plenty of bankers whom he could call in, though many of them are alumni of Goldman Sachs, where current Treasury Secretary Henry Paulson came from.
Before answering this, let's shove to one side what you might call the RBS and Lloyds paradoxes - which is that, as semi-nationalised banks, the Treasury could simply instruct RBS and Lloyds to increase their appetite for risk, irrespective of the red ink that might flow.
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