Call it Wall Street’s “no code” instruction. That’s how medical practitioners describe a patient’s expressed desire not to be resuscitated if their breathing stops. In effect, it’s what the nation’s biggest banks have instructed their “doctors” – the Federal Reserve and the Federal Deposit Insurance Corporation – to do in case they end up on death’s door.
via Wall Street Banks, No Longer Invincible, Contemplate Their Death – MoneyBeat – WSJ.
