Bankruptcy Blogs

Wall Street Journal

The IPO market has been dreadful of late. A few big-name financial-services companies held IPOs last year and they have been hurt by the carnage. First Data raised $2.82 billion from its Oct. 14 IPO, but since then its shares have fallen 29%. Square had to sell shares in its IPO below the level at which the company was valued by private investors in 2014. However, Square's stock has risen 11% since its...

Ally Bank CEO Diane Morais talks about rolling out mortgages and credit cards; thereÂ's talk of putting Sen. Elizabeth Warren on the Supreme Court; the judge in the MetLife SIFI case talks tough to FSOC; the Mean Girls talk really has to go; and how corporate directors talk about the lack of women on boards (warning: men think there arenÂ't a lot of qualified women, but, um, could that be because their network is mostly male?).

Correcting misperceptions about banking, in addition to focusing on recruitment efforts, will help fix an apparent rupture in the talent pipeline.

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required?  

Wall Street Journal It's one thing for Bernie Sanders or Elizabeth Warren to call for a break-up of the megabanks. It's another thing, apparently, when a newly tapped regional Fed president calls for it. Neel Kashkari's comments to the Brookings Institution this week (read the Journal's extended excerpts from his presentation here) has set off a round of hand-wringing about whether it really is time to blow up the likes of JPMorgan Chase and Bank ofÂ...