* Regulators asked five big banks to make "recovery plans"
* Banks include BofA, JPMorgan and Goldman Sachs
* Plans outline asset, business sales in times of distress
U.S. regulators directed five of the country's biggest banks, including Bank of America Corp (BAC.N) and Goldman Sachs Group Inc (GS.N), to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.
The two-year-old program, which has been largely secret until now, is in addition to the "living wills" the banks crafted to help regulators dismantle them if they actually do fail. It shows how hard regulators are working to ensure that banks have plans for worst-case scenarios and can act rationally in times of distress.
http://in.reuters.com/article/2012/08/10/idINL2E8J6D7920120810
This is a Red Alert! Only exposing the fact that this is staged will make them back off.
Let’s get to work exposing the Banksters. Don’t sit around with a bunch of guns talking about some physical confrontation. We don’t want it to go to that.
The pen is mightier than the sword. Use It!
This is not a game… it is WAR!!!
http://www.infowars.com/u-s-banks-told-to-prepare-for-total-collapse/
* Banks include BofA, JPMorgan and Goldman Sachs
* Plans outline asset, business sales in times of distress
U.S. regulators directed five of the country's biggest banks, including Bank of America Corp (BAC.N) and Goldman Sachs Group Inc (GS.N), to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.
The two-year-old program, which has been largely secret until now, is in addition to the "living wills" the banks crafted to help regulators dismantle them if they actually do fail. It shows how hard regulators are working to ensure that banks have plans for worst-case scenarios and can act rationally in times of distress.
http://in.reuters.com/article/2012/08/10/idINL2E8J6D7920120810
This is a Red Alert! Only exposing the fact that this is staged will make them back off.
Let’s get to work exposing the Banksters. Don’t sit around with a bunch of guns talking about some physical confrontation. We don’t want it to go to that.
The pen is mightier than the sword. Use It!
This is not a game… it is WAR!!!
http://www.infowars.com/u-s-banks-told-to-prepare-for-total-collapse/
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