Sunday, August 12, 2012

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

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.

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