Allowing States To File For Bankruptcy

ABI Resident Scholar Jean Braucher talks with Grant Thornton LLP's Martha Kopacz and Robert Childree, authors of the research paper 'Too Big to Fail or Too Big to Bail (Out).' They discuss the pros and cons of enacting a Bankruptcy Code change to allow for states to file for bankruptcy.Click here to read the Grant Thornton research paper,'Too Big to Fail or Too Big to Bail (Out).'