The Economics of Bank Bankruptcy Law James J de citer Luther et les

de citer Luther et les Confessions luthériennes

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The Economics of Bank Bankruptcy Law James J de citer Luther et lesThis book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and or liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characteristics of banks including the importance of public confidence, negative externalities of bank failures, fragmented regulatory framework, bank opaqueness, and the related asset substitution problem and liquidity