Nash, Betty Joyce; Pellerin, Sabrina R.; Walter, John R. - In: Richmond Fed Economic Brief (2012) Sep
In response to the financial crisis of 2007–09, Congress created the Orderly Liquidation Authority (OLA), a new regime for winding down systemically important financial institutions (SIFIs) that become troubled. The OLA provisions address two conflicting goals: mitigating threats to the...
