Banks, Bankruptcy, and You

The major overtone of a recently published Charlotte Business Journal article on banks and living wills was related to the resolutions proposed by five of the largest major banking institutions in the country. As the article provided, two of the banks in our own backyard, Wells Fargo and Bank of America, failed at their attempt […]

Living Wills for Individuals and Businesses

Recently the Charlotte Business Journal contained an article about the big banks’ failure on their own ‘living wills’. In the context of the big banks, the living wills in question are the Federal Reserve and FDIC requirements that the largest banks provide documents outlining how the bank’s failure or bankruptcy will not create mayhem in […]