FDIC Wind-Down Plan Has Promise, But So Does Bankruptcy Reform: Paper

Adler, Joe
May 2013
American Banker;5/15/2013, Vol. 178 Issue 75, p1
Trade Publication
The article discusses a report on the Federal Deposit Insurance Corp.'s (FDIC's) single point of entry (SPOE) plan for resolving failed systemically important financial institutions (SIFIs). The article notes the FDIC has liquidation authority under the U.S. Dodd-Frank Act. It also notes the FDIC's plan calls for closing an insolvent parent company and transferring the financially healthy subsidiaries to a bridge firm. Topics include the Bankruptcy Code and the Orderly Liquidation Fund (OLF).


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