Share 'REVEALED: As U.S. default threatened, banks took extraordinary steps'
By David Henry and Lauren Tara LaCapra
NEW YORK (Reuters) - As the United States threatened to default on its debt last month, major U.S. banks set up war rooms, spent many millions of dollars on contingency planning and, in some cases, even prepared to underwrite federal government benefits.
In a series of interviews with top bank executives, new details emerged about the extent of the contingen…
You can share this discussion in two ways…
Share this link:
Send it with your computer's email program: Email this