Feds Criticize Big Banks’ Plans To Avoid Next Fiscal Crisis
By Jim Zarroli
Regulators are not happy with the “living wills” big banks were supposed to come up with. The wills are more like bankruptcy plans detailing how a bank could be closed without disrupting the economy.
http://www.npr.org/2014/08/06/338234028/feds-criticize-big-banks-plans-to-avoid-next-fiscal-crisis