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- Banks, Regulators Must Progress on Living Wills, Financial Stability Board Says - Syndication Content Article
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- Living Wills: Are Banks Just 'Planning Their Own Demise'?
- Former bank examiner sues Fed for Goldman-related firing
2012-09-21 — ctpost.com
``To prevent a repeat crisis, the financial law creates a council where bank regulators can share information and discuss new threats. Big banks have drawn up "living wills," road maps that the government could use to shutter them if necessary. With that orderly process in place, advocates say, companies will be less likely to need emergency bailouts. The government will be better able to defuse problems before they spark panic.''
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