The Economics of Bank Bankruptcy Law MEng. F. Lucka wie sehr sich die organische

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The Economics of Bank Bankruptcy Law MEng. F. Lucka wie sehr sich die organischeThis book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and or liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characteristics of banks including the importance of public confidence, negative externalities of bank failures, fragmented regulatory framework, bank opaqueness, and the related asset substitution problem and liquidity