We analyze the ability of the "Single Point of Entry" strategy (SPOE) to resolve large banks without financial market disruption. We identify several legal and financial impediments that could prevent SPOE's use. In particular, Title II of the Dodd-Frank Act was conceived by Congress as an...

The failure of the largest banks will not generally endanger the solvency of their parent bank holding companies (BHCs), preventing the secretary of the Treasury from using single point of entry (SPOE).

This book recommends the creation of a new, alternative legal structure for collective investment, the "managed investment trust."

This book recommends the creation of a new, alternative legal structure for collective investment, the "managed investment trust."