Living Wills Still Alive for Regulators

The New York Times
November 6, 2014

At a Washington conference on financial stability this week, Jeremiah O. Norton, a member of the board of the Federal Deposit Insurance Corporation, was asked what the midterm elections meant for ending “too big to fail.”

He demurred that he was not in a position to comment on what elected officials may or may not do. What he said next, however, really tells me that irrespective of election results, bank regulators like him are determined to carry on with their ambitious bank reform agenda….Read More

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