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From Bail-out to Bail-in: Mandatory Debt Restructuring of Systemic Financial Institutions

Author/Editor: Virginia Skidmore Rutledge, Michael Moore, Marc Dobler, Wouter Bossu, Nadège Jassaud, Jian-Ping Zhou.

Release Date:April, 2012

The proposed SDN, prepared by a team of MCM/LEG experts, analyses whether bail-in -- defined as a statutory power to recapitalize a distressed SIFI by converting and/or writing down its unsecured more...



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