> The Doomsday Book is intended to help lawyers of the Federal Reserve Bank of New York aid their clients in crisis management. It was originally distributed to a limited set of lawyers and select senior staff members. This has changed with time, as more lawyers are drawn into crisis management. Now, all FRBNY lawyers receive a copy of the Doomsday Book. Since the Doomsday Book seemed more confusing than helpful to non-lawyers, it is no longer distributed outside of the Legal Function. However, some individuals may have older versions on their shelves, and there is nothing wrong with sharing this version with clients.
Page 44 of the PDF has a good overview of what this document is intended to be.
Putting "Doomsday book" in the context of crisis management explains why this document exists. Basically, they don't want to be in the middle of a crisis and have legal uncertainties delay their ability to take action.
Page 44 of the PDF has a good overview of what this document is intended to be.
Putting "Doomsday book" in the context of crisis management explains why this document exists. Basically, they don't want to be in the middle of a crisis and have legal uncertainties delay their ability to take action.