It would also permit industrial companies to own banks.
Texas Instruments is a member of the group, which would not permit Japanese companies to join.
Permitting companies to pay less into their pension plans would only increase the risk of such a bailout.
The plan would permit industrial companies to acquire banks.
In 1988, the insurance field was liberalized by permitting private companies to enter the industry.
The company has permitted multinational companies to operate oil fields for a fee since the early 1990's.
The plan would also permit industrial companies to own banks.
The rules also permit companies to reserve against specific contingencies, like litigation.
One element would be to permit industrial companies to buy banks.
Permitting companies to buy banks, after all, is part of the Administration's banking reform plan.