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3. Describe the process by which various types of creditors get repaid when a bank is put into liquidation. Then describe some of the alternatives

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3. Describe the process by which various types of creditors get repaid when a bank is put into liquidation. Then describe some of the alternatives to a straight liquidation that regulators use as part of "bank resolution". What considerations how to cleaul with an Gatlin" bank'? llow hns European policy in thi% arna evolved in recent years? take into account when deci do governments have to

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