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Its explained on the first page italicized

The “Doomsday Book” is a compendium of legal opinions, in some cases stretching back decades, that explore the legal limits of the Federal Reserve in the event of a financial crisis.




Every company has a disaster recovery plan. Seems like calling it 'Doomsday', is the question. It seems rather dramatic naming for a bank.


I think the imminent collapse of the US economy is aptly named "Doomsday" to the Federal Reserve.

I mean, you bring up a disaster recovery plan for companies, but is it REALLY a "disaster"?


For the company and its employees, the answer may well be "yes."




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