Hmmm, I'm not sure this document will have any impact on CT's or equity. Don't get me wrong, it has lots of interesting points but the introduction says it all:
"This paper examines how the government COULD have structured a resolution of Lehman under the orderly liquidation authority of Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and how the outcome COULD have differed from the outcome under bankruptcy."
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