Federal Reserve Bank of Richmond President Jeffrey M. Lacker will discuss issues related to financial stability, including living wills, “too big to fail” and the use of bankruptcy law in resolving the failing of large financial firms.
For additional information on this subject, see the following:
A Program for Financial Stability, speech, March 29, 2012
Ending 'Too Big to Fail' Is Going to Be Hard Work, speech, April 9, 2013
Ending 'Too Big to Fail' Is Going to Be Hard Work, panel discussion, May 9, 2013
Fed's Lacker: How to Stop Bailouts for Good, American Banker interview