TITLE

Fed Officers Support 'Living Wills' Idea

AUTHOR(S)
Sloan, Steven
PUB. DATE
November 2009
SOURCE
American Banker;11/11/2009, Vol. 174 Issue 204, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a November 2009 announcement which was made by several officials at the U.S. Federal Reserve. In the announcement the officials indicated that they had decided to support living wills that are drawn up by large, complex financial companies and banks. The officials also said that while they support the idea of living wills the idea needs additional improvements.
ACCESSION #
45137608

 

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