Already, the Treasury wants banks to share small firms' credit histories to enhance competition.
Mr Crandall notes that in the past year the share of Treasury debt bought at auctions by big investors and foreign central banks (as opposed to dealers) has roughly doubled to around 60%.
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Without offshore oil and gas, Scotland's GDP is in a similar position to that of the UK as a whole, and its share of taxes paid to the UK Treasury is thought to be slightly lower than that share of Scotland's population.
Many would say a central bank cannot be a true "lender of last resort" in a currency union that does not share a common treasury, or at least it cannot play that role without seriously overstepping its mandate - and raising big questions about the democratic legitimacy of what it is doing.
It said this could help restore public confidence in the financial sector and the system whereby the Bank of England, the Treasury and the Financial Services Authority share regulatory responsibility.
It finds that a sovereign Scotland would probably - once it starts to issue its own bonds, rather than honouring a share of the UK Treasury's recent bond issues - have to pay an extra 0.4% to 0.6% on its borrowing.
The size and form of a summer share offering is under discussion at Treasury.
Looking at my statistics though it looks like people only want to read about the S and P down- grade of Treasury securities, so I thought I would share my personal experience with the fall-out.
If Congress does nothing, the federal estate tax law reverts to pre-2001 parameters, including an obscure provision known as the state death tax credit that allows states to share in estate tax revenue the Treasury collects.
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According to UKFI, which manages the government's stakes in the banks, the price actually paid by the Treasury for its 82% stake was 502p per share.
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By indicating that a change might be needed in the future, investor doubts could grow and this could delay the share sales by the U.S. Treasury.
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The politics for the chancellor of reducing the size of the sell-off would be terrible, given that the Treasury Select Committee has raised serious concerns about Lloyds' current market share.
The share prices of Fannie Mae and Freddie Mac soared in response to the Treasury's recent decision to remove limits on the amount of federal aid to the companies.
The Treasury's concerns over whether public finances would be secure is one that Alan would share.
But they do implicitly share the IMF's view, that the Bank of England and the Treasury could be doing more actively to promote growth - including through direct efforts to ease the supply of credit to firms.
The proposed deal would also require the Treasury in London to give up its sole oversight of the Bank of England, and to share that with the government in Edinburgh.
Closing below 36p today, the RBS share price is a long way short of the 51p it needs to reach for the UK Treasury's stake to be in profit.
Winding up the debate, Treasury Minister Lord Sassoon said it was "more important than ever" that businesses and individuals pay their fair share of tax.
MPs also called for those who do not pay their "fair" share to be named by the government, but Prime Minister David Cameron and Chief Secretary to the Treasury Danny Alexander ruled it out, saying it would breach taxpayer confidentiality.
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