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Debacle in the desert: Will the Athetics’ $1.75bn stadium on the Vegas
Strip ever be built?
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It’s been over two years since the A’s were awarded public funding for
their new ballpark. But despite last month’s “groundbreaking”, its
completion is a...
1 hour ago
2 comments:
Putting the fake troubled bank into bankruptcy - which would be actually allowing it to fail - was Jerome Powell, who had been an undersecretary of the Treasury under George H.W. Bush. And even he said he thought Dodd-Frank makes it tougher to allow banks to fail, not easier.
(MORE: Why the Banks are Still Broken)
In the end, the group settled for something that they called Option 3, under Title 2 of the resolution portion of Dodd-Frank, which, for you non-banking law scholars, is a scenario where regulators split the troubled bank into a good bank and so-called bad bank.
Putting the fake troubled bank into bankruptcy - which would be actually allowing it to fail - was Jerome Powell, who had been an undersecretary of the Treasury under George H.W. Bush. And even he said he thought Dodd-Frank makes it tougher to allow banks to fail, not easier.
(MORE: Why the Banks are Still Broken)
In the end, the group settled for something that they called Option 3, under Title 2 of the resolution portion of Dodd-Frank, which, for you non-banking law scholars, is a scenario where regulators split the troubled bank into a good bank and so-called bad bank.
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