The Clearing House Association (TCH) today released a report on TCH’s recently-concluded Title II OLA-Resolution Simulation exercise. The Simulation exercise – which took place on November 8 and 9, 2012 and was attended by over 160 industry leaders, former regulators and legal experts – simulated the failure of a large U.S.-based global banking organization and its resolution under the Title II single-point-of-entry approach. The report released today details what those who participated in the Simulation Exercise witnessed firsthand – which is that a single-point-of-entry private sector recapitalization can resolve a large, complex financial institution in a manner that is orderly and which preserves financial stability and fully protects taxpayers from loss.