Large Entities Need a Living Will

In today’s Wall St. Journal there is an article about the big banks, the ones that are too large to fail, needing a Living Will. For some time I have been thinking that large municipalities, or perhaps regions, need a Living Will.  So, if it is a good ideal for a big business, it would probably be appropriate for a large public entity.

I think if we talked about cities needing a Living Will, rather than a recovery plan, more people might understand that and do something about it.

Your comments are invited.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.