Feds Grant 3 Extensions On Bank Failure Plans
By Jessica Corso ( February 18, 2015, 7:01 PM EST) -- The federal government announced Wednesday that it had granted a six-month deadline extension to American International Group Inc., General Electric Capital Corporation Inc. and Prudential Financial Inc. on the submission of so-called "living wills" that seek to protect the public from another billion-dollar bailout like the one AIG received in 2008....
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