First Living Wills From JPMorgan, BofA, Goldman Don't Tackle 2008-Level Crisis |
July 03, 2012 | July 2012 Bond Updates |
In 2008 when Lehman Brothers spiraled into bankruptcy, there were few willing buyers for the company’s assets without extraordinary government assistance and regulators were uncertain who had the jurisdiction to wind down the investment bank. |
View more at: http://www.forbes.com/sites/steveschaefer/2012/07/03/first-living-wills-from-jpmorgan-bofa-goldman-dont-tackle-2008-level-crisis/ |