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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By E. Scott Reckard / The Bulletin
May 12, 2010
LOS ANGELES — In case of pending death, the country’s major banks should have “living wills,” the Federal Deposit Insurance Corp. proposed Tuesday, so that they can be shut down if need be in an orderly fashion.
As the liquidator of failed banks, the FDIC....