On the recordMay 14, 2013
The Orderly Liquidation Authority, or the OLA, provides an alternative to bankruptcy that will most likely arise when a financial institution's failure threatens the broader economy.
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congress.govMichael Fitzpatrick: “The Orderly Liquidation Authority, or the OLA, provides an alternative to bankruptcy that will most likely arise when a…”
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Fitzpatrick discusses the purpose of the Orderly Liquidation Authority in financial crises.
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