A true bank failure, followed by liquidation, occurs when the need for extensive new capital makes restructuring infeasible. This practical book thoroughly describes worldwide procedures,
including the European Union directive on deposit insurance agencies. Most of the specific examples come from the United States. An appendix provides the full text of a purchase and assumption
agreement followed by a glossary. The book includes a companion CD-ROM that allows the user to input information about a particular bank closing and then print the customized documents. No
index is included. Annotation 穢2011 Book News, Inc., Portland, OR (booknews.com)
