Living Wills
Jan 11, 2024•17 min•Season 1Ep. 27
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Episode description
Nobody wants to think about failure but in the banking world, planning for an orderly failure of a large bank can be crucial in preventing taxpayer-funded bailouts or widespread disruptions to the financial system. In this episode, Ryan Tetrick, the FDIC’s Deputy Director of Resolution Readiness, discusses “living wills,” a popular term to describe a plan for when a large bank fails.
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