Straight after this step was taken, it appeared that the US Treasury did not want to be charged with using  1  “I never once considered that it was appropriate to put taxpayer money on the line in resolving Lehman Brothers”, Dow Jones, 15 October 2008.
My own view is that in a world in which banks hold capital buffers and can securitize and sell assets, and with bank management increasingly allocating resources and making decisions on the basis of internal economic capital measures, the answer must be: not very much, if at all.