FDIC resolution powers won't stop bail-outs, say academics

broken-link

New US bank resolution tools will not prevent government bail-outs of collapsing institutions, a panel of noted academics told US senators last week – despite claims from leading industry figures that US regulators have solved the too-big-to-fail problem.

Testifying before the Senate subcommittee on financial institutions and consumer protection on January 8, a panel of four academics delivered their unanimous verdict that the Orderly Liquidation Authority – the new receivership process created

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here