Pellerin, Sabrina R.; Walter, John R. - In: Economic Quarterly (2012) 1Q, pp. 1-31
conflicting goals---mitigating systemic risk, which is thought to emerge when large financial firms enter the bankruptcy process … bailout to save them from bankruptcy and prevent systemic problems. In this article, we review the features of both bankruptcy … features of bankruptcy when resolving systemically important financial institutions, and specifically, how these provisions …
