Bankruptcy not bailout [[electronic resource] ] : a special chapter 14 / / edited by Kenneth E. Scott, John B. Taylor ; contributing authors, Andrew Crockett ...[et. al.]

• Record Nr.: UNINA9910453614003321
• Pubbl/distr/stampa: Stanford, Calif., : Hoover Institution Press, c2012
• ISBN: 0-8179-1516-8; 0-8179-1518-4
• Descrizione fisica: 1 online resource (265 p.)
• Collana: Hoover Institution Press publication ; ; no. 625
• Altri autori (Persone): ScottKenneth E; TaylorJohn B
• Disciplina: 346.73078
• Soggetti: Bankruptcy - United States; Bank failures - United States; Financial crises - United States; Liquidation - United States; Intervention (Federal government) - United States; Derivative securities - United States; Electronic books.; United States Economic policy 2009-; United States Economic conditions 2009-
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Front Cover; Book Title; Contents; Preface; Part A: A New Bankruptcy Approach; 1. A Guide to the Resolution of Failed Financial Institutions: Dodd-Frank Title II and Proposed Chapter 14; 2. Bankruptcy Code Chapter 14: A Proposal; Part B: Lehman and "Orderly Liquidation"; 3. Comment on Orderly Liquidation under Title II of Dodd-Frank and Chapter 14; 4. An Examination of Lehman Brothers' Derivatives Portfolio Postbankruptcy: Would Dodd-Frank Have Made a Difference?; Part C: Liquidation and Reorganization; 5. A Dialogue on the Costs and Benefits of Automatic Stays for Derivatives and Repurchase Agreements6. The Going-Concern Value of a Failed SIFI: Dodd-Frank and Chapter 14; 7. Dodd-Frank: Resolution or ; Expropriation?; Postlogue; 8. Regulatory Reform: A Practitioner's Perspective; 9. A Macroeconomic Perspective: "Dealing with Too Big to Fail"; About the Authors; About the Hoover Institution's Working Group on Economic Policy; Index
• Sommario/riassunto: 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.