Pellerin, Sabrina R.; Walter, John R. - In: Economic Quarterly (2012) 1Q, pp. 1-31
In response to the financial crisis of 2007, Congress created the Orderly Liquidation Authority (OLA) as part of its overarching financial regulatory reform bill, the Dodd-Frank Act. The OLA's provisions are aimed at simultaneously addressing two conflicting goals---mitigating systemic risk,...