A history of regulatory and statutory responses to failing banks, with special focus on changes since 1987 affecting receiverships, conservatorships, and bridge banks. The author argues that some of these changes, including depositor preference legislation enacted in 1993, have had unintended...

A description of the evolution of supervisory policy toward failing banks over the past two decades, with particular emphasis on the modifications to Federal Reserve Banks' discount window administration as set forth by the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA).

An analysis of the collapse of the Rhode Island Share and Deposit Indemnity Corporation, distinguishing the elements of failure and resolution that it shared with other large state-chartered deposit insurance funds--principally the Ohio and Maryland funds--from those that were unique to Rhode...