Bankruptcy Not Bailout: A Special Chapter 14 (Electronic book text)


This book introduces and analyzes a new and more predictable bankruptcy process designed specifically for large financial institutionsChapter 14to achieve greater financial stability and reduce the likelihood of bailouts. The contributors identify and compare the major differences in the Dodd-Frank Title II and the proposed new procedures and outline the reasons why Chapter 14 would be more effective in preventing both financial crises and bailouts.

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This book introduces and analyzes a new and more predictable bankruptcy process designed specifically for large financial institutionsChapter 14to achieve greater financial stability and reduce the likelihood of bailouts. The contributors identify and compare the major differences in the Dodd-Frank Title II and the proposed new procedures and outline the reasons why Chapter 14 would be more effective in preventing both financial crises and bailouts.

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