WASHINGTON If the Federal Deposit Insurance Corp.'s big-bank cleanup plan were a video game, the agency would be past the opening levels but still a good ways from defeating the final villain.
That is the main takeaway from early comment letters on the agency's blueprint for resolving systemically important firms. Bankers, industry representatives and other observers largely praise the FDIC's favored resolution method "single point of entry" but say more details are needed on how it would work amid vast challenges to unwinding behemoths smoothly.
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