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Did they even have that power in 2008? I remember they issued a statement about how they could have avoided losses for creditors, had they properly liquidated L
by pyrale 4y ago
Did they even have that power in 2008? I remember they issued a statement about how they could have avoided losses for creditors, had they properly liquidated Lehman Brothers [1].
[1]: https://www.fdic.gov/regulations/reform/lehman.html https://www.fdic.gov/regulations/reform/lehman.html
- jpmattia 4y ago> Did they even have that power in 2008? I don't remember tbh, but IndyMac (in July 08) was before Lehman (in Sept) so I think the answer is yes.