Lacker Testifies on Bankruptcy and Financial Institution Insolvency

Jeffrey Lacker

Speech from Federal Reserve Bank of Richmond

Abstract: Good morning. I am honored to speak to the Subcommittee about the bankruptcy code and financial institution insolvency. In my remarks, I will discuss why I believe it’s so important to improve our bankruptcy code to make it feasible to resolve failing financial firms in bankruptcy. At the outset, I should say that my comments today are my own views and do not necessarily reflect those of the Board of Governors of the Federal Reserve or my colleagues at other Federal Reserve Banks. My views have been informed by both my experience leading the Fifth Federal Reserve District over the last seven years and as a research economist studying banking policy for the prior 25 years.

Keywords: Financial; Institutions; and; Regulation (search for similar items in EconPapers)
Date: 2013-12-03
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.richmondfed.org/press_room/speeches/je ... r_testimony_20131203 Speech (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:r00034:101583

Access Statistics for this paper

More papers in Speech from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by Matt Myers ().