Lessons from the collapse of three state-chartered private deposit insurance funds

An analysis of the collapse of the Rhode Island Share and Deposit Indemnity Corporation, distinguishing the elements of failure and resolution that it shared with other large state-chartered deposit insurance funds--principally the Ohio and Maryland funds--from those that were unique to Rhode Island.Deposit insurance

Developing country lending and current banking conditions

An examination of the evolutionary stages of the debt problem in developing countries, with a discussion of how U.S. banks and financial markets have adjusted to accommodate it and some proposed solutions to the problem.Debts, External ; Developing countries ; Loans, Foreign

History of and rationales for the Reconstruction Finance Corporation

An analysis of the lessons learned from the 1930s financial rescue mechanism, the Reconstruction Finance Corporation, and a comparison of its structure to that of today's Resolution Trust Corporation.Reconstruction Finance Corporation ; Resolution Trust Corporation (U.S.)

FDICIA's emergency liquidity provisions

An exploration of the change in standards for Federal Reserve discount window access by nonbanks encompassed in the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA), concluding that although it retrenched the federal financial safety net for undercapitalized insured depository institutions, the provision effectively expanded the safety net for uninsured nonbanks, irrespective of their capital or net worth positions.Discount window ; Federal Deposit Insurance Corporation Improvement Act of 1991

Bank receivership and conservatorship

A history of regulatory and statutory responses to failing banks, with special focus on changes since 1987 affecting receiverships, conservatorships, and bridge banks. The author argues that some of these changes, including depositor preference legislation enacted in 1993, have had unintended and still-uncertain consequences.Bank failures

FDICIA's discount window provisions

A description of the evolution of supervisory policy toward failing banks over the past two decades, with particular emphasis on the modifications to Federal Reserve Banks' discount window administration as set forth by the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA).Federal Deposit Insurance Corporation Improvement Act of 1991 ; Discount window

Similarities and dissimilarities in the collapses of three state- chartered private deposit insurance funds

An analysis of the collapse of the Rhode Island Share and Deposit Indemnity Corp., focusing on distinguishing the elements of failure that it shared with other large state-chartered deposit insurance funds (principally the Ohio and Maryland funds) from those that were unique to Rhode Island.Deposit insurance

Aggressive uses of Chapter 11 of the Federal Bankruptcy Code

An examination of the aggressive uses of the corporate bankruptcy code from an economic and historical perspective, and some implications for economic competition in the United States.Bankruptcy

Drop Formation in a One-Dimensional Approximation of the Navier-Stokes Equation

We consider the viscous motion of a thin, axisymmetric column of fluid with a free surface. A one-dimensional equation of motion for the velocity and the radius is derived from the Navier-Stokes equation. We compare with recent experiments on the breakup of a liquid jet and on the bifurcation of a drop suspended from an orifice. The equations form singularities as the fluid neck is pinching off. The nature of the singularities is investigated in detail