Hotel California: FSOC Edition

The Financial Stability Oversight Council (FSOC) just de-designated GE Capital as a Systemically Important Financial Institution (SIFI) after the company sold off over $270 billion in assets. While GE is the first company to be de-designated by FSOC, and MetLife recently got its designation removed after winning a court case against the Council, there is still no clear process on how a firm is designated or de-designated.

For a recap of how FSOC de-designated GE Capital click here.

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Hotel California: FSOC Edition

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