The number of U.S. bank failures jumped sharply in the mid-1980s and has remained disturbingly high, averaging roughly 170 banks a year over the 1985-1990 period. Furthermore, large-bank failures have become increasingly common. For a variety of reasons, the timing of closures and the resolution techniques used have severely strained the resources of the Federal Deposit Insurance Corporation (F...

Moral hazard is one of the most basic concepts in economics: If someone pays you for your accidents, you will expend less effort trying to avoid them. Insurance companies understand this perfectly well. That's why most insurance contracts include customer deductibles and limited coverage. This seems straightforward enough. Why is it, then, that policymakers appear to have missed this important ...

The Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) directed the FDIC to resolve bank failures in the least costly manner, shifting more of the failure-resolution burden to jumbo-CD holders. We examine the sensitivity of jumbo-CD yields and runoffs to failure risk before and after FDICIA. We also examine the economic significance of estimated risk sensitivities before and...

Many homilies have been preached on " life's failures "?who are generally visualized as grimy loafers supporting die walls of a public house. But failures are of many types and they are not always recognizable at sight. They include the adventurous spirit eating out his heart as a bank clerk; the Army officer whose heart is in Cambridge or Bloomsbury and who finds nothing but boredom in his wor...

Recent studies of DRAM failures in data centers and supercomputer environments have highlighted non-uniform failure modes in DRAM chips. Failures fall into different classes depending on the source of the failure (e.g., an I/O pin, rank, bank, row, column, or bit). These failures will be common in future memory technologies. To mitigate them, memory systems employ complex error correcting codes...

In India, the increasing awareness with respect to CG, particularly in commercial banking industry can be attached a variety of factors such as liberalization, scams, corporate failures banks, accounting and other irregularities that have led an era rising public distrust governance process landscape. Because economic problems arising out mis-management failures, studies on bank profitability b...