30 banks with living wills.
By Daniel at 30 November, 2009, 9:49 pm
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Thirty financials on systemic risk list. Thirty giant financial institutions were selected by the FSB for cross-border systemic-risk oversight, and will be asked to write “living wills” that outline wind-down plans in the aftermath of a crisis.
Please make sure the FED is not the executor. Otherwise they will simply change/transfer the names to protect the guilty, TBTF and continue to screw the innocent, the tax payers.
Ben still begging for the FEDs power. The same people that did not control the banks to prevent the collapse in the first place now claim we will have a collapse if they are not in charge.
Who do they think they are fooling.
They are either too incompetent to prevent the problem, too corrupt to prevent the problem or most likely the REASON FOR THE PROBLEM.
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