Wednesday, March 9, 2016
2016 Bank Bail Ins - Financial Crisis
BANK OF ENGLAND SUMMARY
There are a number of misconceptions about bail-in. The
article concludes by explaining how bail-in:
• is not an alternative term for contingent capital
instruments;
• does not interfere unduly with shareholder and creditor
property rights;
• is unlikely to be a cause of contagion to the wider
financial system; and
• is not, by itself, the silver bullet that ends ‘too big to
fail’
SEE ALSO:
BANK OF ENGLAND ARTICLE ON BAIL INS
http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2015/q302.pdf
UK ECONOMY
http://democracyandclassstruggle.blogspot.co.uk/2016/02/the-wilting-uk-economy.html
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