The first takeaway is that a portion of the woes the domestic Big Three are suffering today are the result of current and past federal government policies, so it seems fair that they be accorded government assistance now in time ofdireneed.
They called for the villages of Lipkovo and Otlja, "which are overcrowded and indireneedof medicines, food and water, " to be declared safe havens under United Nations protection.
The Fed is careful to note that none of the three represent its expectations, but the severity of the more dire scenarios illustrates the need for banks to be prepared for the potential for things to go horribly wrong in the wake of a financial crisis that caught too many firms ill-prepared.