The event, hosted by Hoover Institution and Bipartisan Policy Center, coincided with the release of Hoover Institution’s newest book, Making Failure Feasible: How Bankruptcy Reform Can End Too Big To Fail, and is a follow-up to BPC’s paper, Too Big To Fail: The Path to a Solution, which examines the failure resolution provisions in the Dodd-Frank Act.
Hoover Institution Senior Fellow John Taylor and the University of Rochester’s President Emeritus Thomas Jackson gave remarks and a panel of experts followed to discuss questions such as: Will new capital requirements prevent short-term liquidity shortage and widespread panic in the financial markets? What changes to the Bankruptcy Code are necessary to ensure financial distress is contained? Do the FDIC’s proposals for orderly liquidation increase the certainty of a successful resolution?
Featuring:
Sir Paul Tucker
Chair, Systemic Risk Council
John Taylor
Senior Fellow, Hoover Institution
Wilson Ervin
Vice Chairman, Credit Suisse
Randall D. Guynn
Head of Financial Institutions Group, Davis Polk & Wardwell LLP
Co-chair, Failure Resolution Task Force, Bipartisan Policy Center
Thomas Jackson
Distinguished University Professor & President Emeritus, University of Rochester
Co-chair, Failure Resolution Task Force, Bipartisan Policy Center
Emily C. Kapur
Member, Economic Policy Working Group, Hoover Institution
William F. Kroener, III
Senior Counsel, Sullivan & Cromwell LLP
Member, Economic Policy Working Group, Hoover Institution