Why The ‘Living Wills’ of Top U.S. Banks Failed The Test

Why The ‘Living Wills’ of Top U.S. Banks Failed The Test by Knowledge@Wharton Peter Conti-Brown and Michael S. Barr on Banks’ ‘Living Wills’ http://media.blubrry.com/kw/p/d1c25a6gwz7q5e.cloudfront.net/audio/160414A_KWRadio_LivingWills.mp3 Eight years after the Great Recession, the top eight “systemically important, domestic banking institutions” in the U.S. are still not ready to cope with the aftermath of another financial crisis. The banks…