The FDIC has released its final rule on the orderly liquidation of systemically important financial institutions, here. I remain skeptical that orderly liquidation of a bankrupt large financial institution is possible. What incentive is there for a floundering institution to devote resources to preparing for this when it is fighting for survival? What can the FDIC to institutions that fail to comply , kill them again? Do we really think that this rule will help senior debt holders sleep better or stop the spread of concerns the way concerns spread after Lehman?