Real and Imaginary Resolution Options for Large Financial Institutions
David A. Skeel
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David A. Skeel: University of Pennsylvania Law School, USA
Chapter 19 in The Role of Central Banks in Financial Stability:How Has It Changed?, 2013, pp 365-382 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
AbstractThe following sections are included:IntroductionDodd-Frank's New Resolution RulesOrigin myths and their implicationsKey problems with Dodd-Frank resolutionPotential benefitsThe Bankruptcy AlternativeThe bankruptcy processBenefits of bankruptcyThe limitations of bankruptcyThe role and status of bankruptcy judgesIs Bail-in the Solution?Implications and Potential ReformsNext steps for Dodd-Frank and bankruptcy reformA more ambitious program: Chapter 14ConclusionReferences
Keywords: Financial Stability; Financial Regulation; Macroprudential Regulation; Systemic Risk; Dodd-Frank; Financial Crisis (search for similar items in EconPapers)
Date: 2013
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