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Exclusive: U.S. banks told to make plans for preventing collapse

By: Yossel in NUTS & BOLTS | Recommend this post (0)
Fri, 10 Aug 12 9:47 AM | 1257 view(s)
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Exclusive: U.S. banks told to make plans for preventing collapse

(Reuters) - U.S. regulators directed five of the country's biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.


Rick Rothacker

Fri Aug 10, 2012 12:04am EDT

link-
http://www.reuters.com/article/2012/08/10/us-banks-recoveryplans-idUSBRE87905N20120810




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