"Recent evidence suggests that bank regulators appear to be able to resolve insolvent large banks efficiently without … either protecting uninsured deposits through invoking 'too-big-to-fail' or causing serious harm to other banks or financial … markets. But resolving swap positions at insolvent banks, particularly a bank's out-of- the-money positions, has received less …

regulators to protect all depositors in bank failures. This is likely to increase both moral hazard risk-taking by banks and poor … with the concept. This paper analyzes the pros and cons of providing quick depositor access to deposits at failed banks and …