What reforms are needed to improve the safety and soundness of the banking system?
To further improve bank safety and soundness in the years ahead, the author makes two recommendations: that banks be examined and rated specifically on their organizational complexity and that systemically important banks that are too big to resolve quickly be recapitalized according to a model that is known in advance by their competitors and by the general public.
Volume (Year): (2007)
Issue (Month): Q1-2 ()
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