Basis for the Financial Stability Oversight Council's Modest Determination Regarding Microsoft Corporation
21 Pages Posted: 6 Jun 2016
Date Written: June 1, 2016
A fictitious designation statement by the Financial Stability Oversight Counsel (FSOC). It is modeled on the forms released by the FSOC in systemically important financial institution (SIFI) designations made in respect of MetLife, Prudential, GE Capital and AIG, which may be retrieved from the U.S. Department of Treasury's website. It is intended to be preposterous, but some parts are more so than others. In light of recent headlines regarding various previously improbable events in politics and law, the reader is asked to consider to what degree any parts would be at risk of becoming plausible.
Keywords: FSOC, Dodd-Frank, TBTF, Microsoft, regulation
JEL Classification: K23, G28
Suggested Citation: Suggested Citation