Fri, 10 Aug 2012 20:00:19 GMT
U.S. biggest banks to develop plans for preventing collapse
Five biggest banks in the world's
biggest economy were directed to think out the plan to prevent a collapse, in
case the economy will face significant problems. One of the most important points is that
banks, among which are the BoA, Goldman Sachs Group Inc, Morgan Stanley, Citigroup
Inc, and JPMorgan Chase & Co, could not rely on government's help.