ブックマーク / www.economist.com (1)

  • From bail-out to bail-in

    From bail-out to bail-inIn a guest article, Paul Calello (pictured left), the head of Credit Suisse’s investment bank, and Wilson Ervin, its former chief risk officer, propose a new process for resolving failing banks WHAT should policymakers do when faced with the potential failure of a large bank? In 2008 officials had to choose between taxpayer bail-outs (bad) or systemic financial collapse (pr

    highstreet
    highstreet 2010/02/22
     強制debt-equity swapみたいな話。優先株や劣後債を強制的にreverse-convertible bond化。強制にしないと、LBの時のように48時間で何とかせねばならないケースに対処できない。
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