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Financial crises are recurring phenomena that result in the financial distress of systemically important banks, making it imperative to understand how to best r

Includes a new foreword to the paperback edition.

Bank bailouts in the aftermath of the collapse of Lehman Brothers and the onset of the Great Recession brought into sharp relief the power that the global finan

The potential failure of a large bank presents vexing questions for policymakers. It poses significant risks to other financial institutions, to the financial s

Setting forth the building blocks of banking bailout law, this book reconstructs a regulatory framework that might better serve countries during future crisis s