
Of all the suggestions since the financial crisis erupted to rein in banks and curb their incentives to become too big to be allowed to fail, the most cunning is the “living will”.
By John Gapper
Published: September 23 2009 20:22 | Last updated: September 23 2009 20:22

Of all the suggestions since the financial crisis erupted to rein in banks and curb their incentives to become too big to be allowed to fail, the most cunning is the “living will”.