Friday, June 14, 2013

FDIC and Bank of England: Resolving Globally Active, Systemically Important, Financial Institutions

This is a re-post and outlines England's and the US' plans for a bail-in of banks, as we have bail-out fatigue.  Instead of tax payers bailing out failing banks, depositors will be targeted.

http://www.fdic.gov/about/srac/2012/gsifi.pdf
 

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