Bankruptcy Not Bailout (eBook, ePUB) - Scott, Kenneth E.; Taylor, John B.
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  • Format: ePub

This book introduces and analyzes a new and more predictable bankruptcy process designed specifically for large financial institutions-Chapter 14-to 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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Produktbeschreibung
This book introduces and analyzes a new and more predictable bankruptcy process designed specifically for large financial institutions-Chapter 14-to 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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