Pre-cooked wind-down plans: every unhappy bank might be unpredictably unhappy in its own way
Julian D. A. Wiseman
Abstract: commercial banks might be compelled to devise plans to wind down their operations in the event of problems. The making of such plans has several advantages, but the plans themselves may well be unusable.
Publication history: only at www.jdawiseman.com/papers/finmkts/wind-down_plans.html. Usual disclaimer and copyright terms apply.
Contents: Introduction; Contact with the enemy; Legal entities old and new; Conclusion.
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