The financial crisis of 2008 devastated the American economy and caused U.S. policymakers to rethink their approaches to major financial crises. More than five years have passed since the collapse of Lehman Brothers, but questions still persist about the best ways to avoid and respond to future...

Front Cover -- Book Title -- Contents -- Preface -- Part A: A New Bankruptcy Approach -- 1. A Guide to the Resolution of Failed Financial Institutions: Dodd-Frank Title II and Proposed Chapter 14 -- 2. Bankruptcy Code Chapter 14: A Proposal -- Part B: Lehman and "Orderly Liquidation" -- 3....

The Taylor rule at thirty / Richard H. Clarida -- Naming the Taylor rule / John Lipsky -- The Taylor rule at thirty : still useful to get the Fed back on track / Volker Wieland -- Silicon Valley Bank and beyond : regulating for liquidity / Darrell Duffie -- Silicon Valley Bank : what happened?...