What Can We Learn from Publicly Available Data in Banks’ Living Wills? Steve Bright, Paul Glasserman, Christopher Gregg, and Hashim Hamandi, May 25, 2016.

“This brief analyzes the public portions of resolution plans, or “living wills,” in which large U.S. banks describe how they would manage their own potential failures. The authors found that the public information in the living wills is not sufficient to determine whether these banks could go through bankruptcy without extraordinary government support.”