If stable and efficient banks are such a good idea, why are they so rare? -- The game of bank bargains -- Tools of … colonial times to 1990 -- The new U.S. bank bargain : megabanks, urban activists, and the erosion of mortgage standards …

institutions, to intervene at an early stage of financial distress, and to resolve the financially distressed bank in a timely … manner. Resolution is the restructuring of a financially distressed or insolvent bank by a designated authority. To “resolve …” a bank is to use a series of tools under banking and insolvency legislation to address its financial distress in a …