2  See "Credit and Liquidity Programs and the Balance Sheet" on the Board's website. 3  See the monthly reports on the Board's website at "Credit and Liquidity Programs and the Balance Sheet," Congressional Reports and Other Resources, Federal Reserve System Monthly Reports on Credit and Liquidity Programs and the Balance Sheet. BIS Review 92/2009  5
To this I affirm that for all the inherent vulnerabilities: •  CLICO met its Statutory Fund requirements in 2004, 2005, 2006; by our calculation there was a statutory fund deficit in 2007. However, up to the time the crisis broke, CLICO was challenging our calculation.