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Bankruptcy
: Credit SlipsThe Politics of State Bankruptcy and Resolution Authority
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.
Full post as published by Credit Slips on January 26, 2011 (boomark / email).
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