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FDIC OKs Publication Of Strategy For Big Bank Wind-Downs

By Brian Mahoney ( December 10, 2013, 5:24 PM EST) -- The Federal Deposit Insurance Corp. on Tuesday readied for publication a strategy for taking apart a failed global financial institution as required under the Dodd-Frank Act, saying its plan would hold shareholders, debt holders and "culpable management" accountable for the failure of the firm. . . .

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