概述 Introductionn 70年代,美国和其他国家商业银行的迅速扩张 In 1970s,Expansion of loans to Eastern bloc, Latin America and other LDCs.n 80年代初,债务偿还出现问题q Debt moratoria announced by Brazil and Mexico.q Increased loan loss reservesq Citigroup set aside additional $3 billion in reserves for example概述 Introduction (continued)n 80年代末和90年代初期q Expanding investments in emerging markets.q Peso devaluation and subsequent restructuring n U.S. loan guarantees under Clinton Administrationn More recently:q Asian and Russian crises