The "banks are too big to fail until they fail" act
EXEC LIABILITY BILL FOR FAILED BANKS IS UNNECESSARY, UNWISE - LAW360
By Randall Guynn, Ledina Gocaj and Andrew Tynes (May 31, 2024, 11:41
AM EDT) -- The U.S. Senate is considering the Recovering Executive
Compensation from Unaccountable Practices, or RECOUP, Act, a bill that
would grant the Federal Deposit Insurance Corp. new authority to claw
back up to two years of compensation from senior executives of large
banking organizations that fail....