1. Lender of last resort: A contemporary perspective

   • George G. Kaufman

   OriginalPaper Pages: 95 - 110

2. The shifting value of federal deposit insurance: Implications for reform

   • David P. Ely
   • Richard R. Weaver

   OriginalPaper Pages: 111 - 130

3. Portfolio risk, adjustment costs, and security dealers' bid/ask spreads

   • Niranjan Tripathy
   • Richard L. Peterson

   OriginalPaper Pages: 131 - 142

4. Subsidization of S&Ls under the flat-rate deposit insurance system: Some empirical estimates

   • Amy Burnett
   • Ramesh K. S. Rao
   • Seha M. Tiniç

   OriginalPaper Pages: 143 - 164

5. Assessing the solvency of the insurance industry

   • Burton G. Malkiel

   Policy Analysis Section Pages: 167 - 180

6. Statement no. 70 funding of the BIF and depository insurance reform proposals in H.R. 2094

   Shadow Financial Regulatory Committee Statements Pages: 183 - 184

7. Statement no. 71 the need to develop a satisfactory data base with which to analyze the economic condition of insurance companies

   Shadow Financial Regulatory Committee Statements Pages: 185 - 186

8. Call for papers

   Announcement Pages: IV - IV