anticipation of this bailout undermines a bank's private incentive to impose a bail-in. In the resulting equilibrium, bail-ins are …We study the interaction between a government's bailout policy and banks' willingness to impose losses on (or \bail in …

This paper tests whether poorly capitalized banks with troubled loan books are more likely to miss their bailout … non-cumulative preferred stock are also more likely to be TARP deadbeats. In addition, banks that missed a bailout … dividend in the prior quarter are significantly more likely to miss the next bailout dividend …

at the expense of taxpayers: the merger-bailout has increased Switzerland’s sovereign credit risk, resulting in an …