Report: Cyberterror Not a Credible Threat ThreatPost
Democrats seek power over failing companies Financial Times and U.S. Considers Reining In ‘Too Big to Fail’ Institutions New York Times . Sanity check, dear readers: if Congress can’t pass a meaningful bill on credit default swaps after AIG, do you think anything other than a fig leaf will come out of this effort?
Too-Big-To-Fail Resolution: Why One Size Can’t Fit All Adam Levitin, Credit Slips. Makes a very important point (read the whole piece, and remember these guys are bankruptcy experts):
Thus in most failures of too-big-to-fail institutions, the government will have to provide funding for the resolution, and this makes the resolution a political issue. For this reason alone, I think we are kidding ourselves if we believe that we can regularize the resolution of systemically important institutions.
Shareholders attack banks in bonus row Telegraph
“Showdown In Chicago”: Protesters Swarm Bankers Convention Huffington Post
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