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Expert Analysis

Bail-In, Not Bail-Out: The Next Global SIFI Strategy

Law360, New York (May 11, 2015, 7:13 AM EDT) -- The 2007-2009 financial crisis was a watershed event that shook the confidence of people around the globe in the stability of the international financial system. The crisis demonstrated a failure of market discipline and the government responses only exacerbated this problem by confirming the long-standing expectation that some firms — particularly globally active financial companies — were too big or interconnected to fail....

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