A new bill would repeal orderly liquidation authority and replace it with a bankruptcy mechanism — but it would not work in a major financial crisis.By STEPHEN J. LUBBEN from NYT
Business Day
A Dodd-Frank Rewrite That Would Increase the Chance of Bailouts
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Banking and Financial Institutions
Bankruptcies
Dodd-Frank Wall Street Reform and Consumer Protection Act (2010)
A new bill would repeal orderly liquidation authority and replace it with a bankruptcy mechanism — but it would not work in a major financial crisis.By STEPHEN J. LUBBEN from NYT
Business Day
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