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The Politics of State Bankruptcy and Resolution Authority

posted by Stephen Lubben

Channeling my inner Alan White, my Dealbook post this week talks about the politics of expanding chapter 9 and using chapter 11 in place of the Dodd-Frank resolution authority. In short, while I actually support both ideas, with some qualifications, embrace of these by the right as union busting and anti-bailout tools makes it unlikely to happen.

January 26, 2011 at 11:21 AM in Corporate Bankruptcy, Financial Institutions, Pending and New Legislation

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