Introduction to bank bailouts, bail-ins and related topics covered in the book

Abstract

This chapter introduces the topics of the book and summarizes all of the other chapters. We take the broadest possible view of what constitutes a bailout or bail-in in order to ensure that we leave no stone unturned. We also cover methods to reduce the need for such costly procedures. We place a large focus on the Troubled Asset Relief Program (TARP) bailout because of its importance and depth of research, but the coverage of other alternatives is quite extensive.