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Contents 1 Introduction: Financial Restructuring to Speed Recovery 1 Martin Neil Baily, Richard J. Herring, and Yuta Seki Part I. The U.S. Approach 2 Restructuring the U.S. Housing Market 25 Franklin Allen, James R. Barth, and Glenn Yago 3 Bankruptcy and Economic Recovery 97 Thomas Jackson and David Skeel 4 Reenergizing the IPO Market 123 Jay R. Ritter Part II. The Japanese Approach 5 Reconstructing and Revitalizing Japan’s Financial Sector 149 Yuta Seki Contributors 171 Index 173  00 2524-4 fm.indd 5 10/22/13 8:07 AM 00 2524-4 fm.indd 6 10/22/13 8:07 AM ...

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