Bankruptcy Blogs

The CFPB and Behavioral Economics

11/28/16
This post is an extended aside from my previous post about David Evans' argument about the CFPB's mindset and institutional incentives.  The point isn't critical to Evans' argument, but I'm writing because it really irks me because it shows such a lack of understanding about the CFPB.
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Five Ways Trump Can Use Fed to Aid American Workers

11/28/16

The president-elect could take aim at the Federal Reserve's ties to Wall Street, bailout authority and other reforms if he really means to take steps to help working people.

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The CFPB and Consumer Welfare

11/28/16
David Evans has an interesting article on PYMNTS that argues that "The fundamental problem with the CFPB ... isn’t who’s on top.
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Nonbank Mortgage Lenders Must Bring 'A' Game in Trump Era

11/28/16

The election results will only intensify factors making competition with bank lenders more difficult, including the effect of interest rates as well as the regulatory environment.

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Morning Scan: Stripe Value Zooms; Mortgage Rates Surge

11/28/16

Receiving Wide Coverage ...

Racing Stripe: The latest round of private funding for Stripe, a start-up that offers software and services that process payments for businesses, has boosted the value of the company to just under $9.2 billion, nearly double what it was worth less than two years ago and making it the most valuable U.S. fintech company, according to the Wall Street Journal. "Stripe's investors think the company can capitalize on the fast growth of...

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Proposed New EU Insolvency Directive

11/23/16

The European Commission has just released its proposal for another Insolvency Directive, finally tackling the very sticky issue of substantive harmonization.

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All the Fury Over CFPB Ignores Its Modest Mission

11/23/16

Threats to the Consumer Financial Protection Bureau's future became more real with Donald Trump's victory, but all the outrage over the bureau's policies is overblown.

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Expect State Regulators to Get More Aggressive Under Trump

11/23/16

The GOP victories boosted expectations of federal regulatory action easing up, but such a scenario would likely create a void of power for certain state agencies to fill.

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Morning Scan: B of A 'Hustle' Case Ends; Goldman Euro Co-Chief Departs

11/23/16

Receiving Wide Coverage ... Sherwood leaves Goldman: Michael Sherwood, co-head of Goldman Sachs's European operations and often named as a potential successor to Goldman CEO Lloyd Blankfein, is leaving after a 30-year career at the bank. Since joining Goldman at age 20 in 1986, Sherwood played a key role in pushing the bank's growth in Europe and emerging markets. "The departure removes one of Goldman's longest serving European executives at a time when the bank isÂ...

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Third Circuit Upholds The Enforceability Of Make-Whole Premiums In Post-Bankruptcy Context

11/22/16

In a recent November 17, 2016 opinion, Delaware Trust Co. v. Energy Future Intermediate Holding Company LLC, Case No.

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