Tuesday, September 7, 2010

Britain’s largest banks will submit “living wills” to the FSA ahead of the upcoming G20 summit –

· Britain’s largest banks will submit “living wills” to the FSA ahead of the upcoming G20
summit – London Independent

The concept of a living will is that in the event of a bankruptcy companies have already prepared for which departments will be sold and which ones will be buried in the back yard. Im pretty sure when people start talking about drawing up a living will its not because of their vibrant health but because of the future pandemic on the horizon.

No comments:

Post a Comment