The New Financial Deal: Understanding Dodd-Frank and its Unintended Consequences

Full Video

Video Details

Click here to watch the video.

About the Event: Under the new Dodd-Frank resolution rules, the U.S. Treasury—with the approval of the Federal Reserve and FDIC—has the power to take over a large financial institution that is “in default or in danger of default,” if the institution’s failure might have system-wide effects. This panel explains how the resolution rules work and critiques the framework that places the FDIC—rather than a bankruptcy court—in charge of winding down large, complex, systemically important financial institutions.
Twitter Facebook Favorite Mail Print

Embed this video