Who Pays for Bank Insolvency?

How to avoid taxpayers paying for bank failures and banking crises? This book provides a proposal and a critique by twelve independent experts. It is addressed particularly to the threat posed in Europe by having large international banks, a history of bailouts and limited means of resolving any future banking crises. It shows how political imperatives and legal constraints currently result in economic losses in many countries round the world.Mayes, David G. is the author of 'Who Pays for Bank Insolvency?', published 2004 under ISBN 9781403917409 and ISBN 140391740X.