Regulators threaten big banks to let them go bankrupt next time instead of bailing them out. This stays an empty threat if banks remain big monoliths because the consequences would be too dramatic. But by “living wills” or financial “death panels” banks can be forced to organize themselves in such a way that in a crisis it would be easier to dismember systemically important firms, let the bad entities fail and impose the losses on the firms’ stakeholders. Most banks claim that this is however too hard to realize because it’s like being asked to unscramble eggs.
Liesbeth Gunst
Source: http://www.economist.com/businessfinance/displayStory.cfm?story_id=14558456#
1 opmerking:
Word choice and accuracy:
S2: remains an empty threat
S3: But through "living wills"...
S3: ... to systematically dismember.. OR to dismember important firms systematically
S3: the firm's stakeholders
S4: add commas before and after 'however'
Good flow, good captivating starting sentence. Well done.
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