Moira Kearney-Marks |

Research Analyst


Moira Kearney-Marks, Research Analyst

Moira Kearney-Marks is a former research analyst in the Research Department of the Federal Reserve Bank of Cleveland.

  • Fed Publications
Title Date Publication Author(s) Type

 

April, 2012 Vol. 3, No. 1 Moira Kearney-Marks; Forefront
Abstract: Can the law help fill gaps in public pension funding?

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2012-01 Moira Kearney-Marks; Thomas J Fitzpatrick; James B Thomson; Economic Commentary
Abstract: Everyone recognizes the need to have a credible resolution regime in place for financial companies whose failure could harm the entire financial system, but people disagree about which regime is best. The emergence of the parallel banking system has led policymakers to reconsider the dividing line between firms that should be resolved in bankruptcy and firms that should be subject to a special resolution regime. A look at the history of insolvency resolution in this country suggests that a blended approach is worth considering. Activities that have potential systemic impact might be best handled administratively, while all other claims could be dealt with under a court-supervised resolution.

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