Bennett, Rosalind L.; Unal, Haluk - In: Journal of Financial Stability 15 (2014) C, pp. 18-31
In this paper, we examine how the value of failed bank assets differs between two types of FDIC resolution methods: liquidation and private-sector reorganization. Our findings show that private-sector reorganizations do not deliver the expected cost-savings from 1986 to 1991, a period of...