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MontreuxJazz

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  • Major banks have reportedly made proposals to the Fed on how to pay for the restructuring of large financial institutions that collapse, with the idea being to avoid the chaos that followed Lehman's bankruptcy. Among the suggestions, the largest financial-services holding companies would maintain combined debt and equity equal to 14% of their risk-weighted assets, which would be used to support any failed bank unit seized by regulators. [View news story]
    Remember the 700 Billion Bailout(Too Big To Fail - The HBO Documentary)
    Jul 2 10:00 PM | Likes Like |Link to Comment
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