April described this federal lease as suggesting that, quote, if there were another crisis today, the government would have to prop up the largest banks if it wanted to avoid financial chaos, close quote, and question one, do you agree with that. And two, what do the five banks need to do by october 1st to fully remediate their deficiencies . And question three is if they dont by october 1st, will the fed take more systemic action like raising capital levels. So those banks over the span of the last several years in which they have been preparing living wills greatly increased their ability to be resol nevve the event of the trouble of bankru bankruptcy oral alternative ti title ii is available. I couldnt guarantee at this point which circumstances in which a bank fails that bankruptcy would work at this point as the means to resolve one of these firms that we have identified for five of the firms deficiencies, and we have been extremely careful in e spespell out in detail what the def
Hypothetically bizarre things. They could seek to ultimately sell the capital for scrap or disband the expressions of approval or disapproval are not in order of the committee. Im trying to get to a point here. And despite faith, our challenges sometimes in the institution and american people, who would say, that is way off the face. In suggesting that whatever language is necessary, i dont think this congress itss to be bound itself in actions by what the Previous Congress decided as is evidenced by those who wanted to undermine the president S Health Care law. I present Congress Wants to change what a Previous Congress did. I think that only a Congress Might be able to change a future rut or changes in the american with disabilities act. It would have to be signed by a president. Just creating some balance in that is a reality of any future issue is realistic. I largely agree with what you said. If congress decided to amend the ada, it could consider doing that. We would need to reca
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GUEST OPINION by Michael Bovalino, ANZ Country Manager, LogRhythm: IT security teams focus their efforts on protecting IT infrastructure from ex.