But she has been criticized by commercial banks and politicians for tightening reserve requirements, mishandling August's liquidity crisis and a growing tide of bank insolvencies.

The designs of Punt Nua featured key figures from Irish political life and banking sector that are synonymous with Ireland's economic meltdown and bank insolvencies:

Mr. Anderson contended that the settlement squandered an opportunity to shed light on the connections between bank insolvencies in Illinois and those in other states.

During 1991-1992, a housing bubble in Sweden deflated, resulting in a severe credit crunch and widespread bank insolvency.

In response to widespread bank insolvency as a result of the Savings and Loan crisis, the United States established the Resolution Trust Corporation (RTC) in 1989.

Because they rely on customer deposits that can be withdrawn on little or no notice, banks in financial trouble are prone to bank runs, where depositors seek to withdraw funds quickly ahead of a possible bank insolvency.

The Act makes provision for the nationalisation of banks, amends the law on bank insolvency and administration, and makes provision about the Financial Services Compensation Scheme.

At least 12 other banks had been taken over since November 2009 after speculation about bank insolvency.

Having said all that, I think Felix misses my point about the complicated nature of bank insolvency and the incentives for what I called "political mischief" that nationalization might create.

But Hempton's analysis does speak to the fact that bank insolvency doesn't always look like a typical corporate bankruptcy.