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In March 1985, the failure of the Ohio Deposit Guarantee Fund (the ODGF) sent shock waves reverberating through the financial world. This episode is popularly interpreted as evidence of the dangers of both private deposit insurance and continuing financial deregulation. This paper argues that...
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Executive Summary -- 1. Introduction and Overview -- Background -- Causes of the Insolvency Crisis -- Key Issues and the Structure of this Report -- 2. The Timeliness of Regulatory Action -- The Sources of Growth in the Net Deficit -- Methods to Control the Present Value of FSLIC Liabilities --...
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On 16th November 2009, SUERF, CEPS and the Belgian Financial Forum coorganized a conference "Crisis management at cross-roads" in Brussels. All papers in the present volume are based on contributions at the conference and the SUERF Annual Lecture which followed the event.
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