Bankruptcy Not Bailout
A Special Chapter 14
Kenneth E. Scott, John B. Taylor
EPUB
ca. 12,91 €
Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft
Beschreibung
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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