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**Adollobdeb** · 08-18-2012, 05:02 AM

http://articles.chicagotribune.com/2...-largest-banks

"(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."

"In a presentation in March, JPMorgan Chase said it had a recovery plan in place and said it was ordered by regulators. The presentation was organized by Harvard Law School and was closed to the media at the time, but is available online. (http://www.law.harvard.edu/programs/...urope/baer.pdf)'

08-18-2012, 05:02 AM	#32
Adollobdeb Join Date Oct 2005 Posts 523 Senior Member	http://articles.chicagotribune.com/2...-largest-banks "(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." "In a presentation in March, JPMorgan Chase said it had a recovery plan in place and said it was ordered by regulators. The presentation was organized by Harvard Law School and was closed to the media at the time, but is available online. (http://www.law.harvard.edu/programs/...urope/baer.pdf)'
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