CNBC Squawk Alley June 21, 2016
April described this federal lease as suggesting that, quote, if there were another crisis today, the government would have to prop up the largest banks if it wanted to avoid financial chaos, close quote, and question one, do you agree with that. And two, what do the five banks need to do by october 1st to fully remediate their deficiencies . And question three is if they dont by october 1st, will the fed take more systemic action like raising capital levels. So those banks over the span of the last several years in which they have been preparing living wills greatly increased their ability to...