Bankruptcy Blogs

Banks Can Use 'Code of Ethics' to Strengthen Public Trust

01/15/16

Drafting internal honor codes, and having employees pledge to follow them, could be a good first step to reversing negative opinions about banking.

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Bankruptcy is an excellent retirement strategy

01/15/16

RetiredBankruptcy is an excellent retirement strategy, especially if you are behind in saving for retirement because your credit card debt is robbing you of your ability to save.

Just look at the math:

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Morning Scan: Goldman to Pay $5B Fine; Basel Committee Eases Trading Rules

01/15/16

Breaking News This Morning ...

Earnings: It's a banner day for 4Q reports from megabanks and regionals: Citigroup, Wells Fargo, U.S. Bancorp, PNC and Regions Financial. And there are two M&A deals in Chicago, from buyers Wintrust and Royal Financial.

Goldman Sachs Faces Huge Fine: Goldman Sachs will pay the largest regulatory penalty in its history as part of a settlement regarding its sale of mortgage bonds before the financial crisis. Goldman settled with the complainants, which...

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How to Inspire Millennials to Save

01/15/16

As a recent college graduate, I could have been more engaged with my longer-term financial health had I had today's fintech tools at my disposal.

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Vantage Drilling Wins Bankruptcy Plan Confirmation

01/15/16

Vantage Drilling won confirmation of its chapter 11 bankruptcy-exit plan. Read the Daily Bankruptcy Review article here. The plan will decrease its debt and get it ready to compete in a tougher market than ever.

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Kendall-Jackson Wine Maker Buys Former Evergreen International Headquarters

01/14/16

The company behind Kendall-Jackson wines is buying more property in Oregon wine country after winning an auction for the former corporate home of a defunct  airline.

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Women in Banking: Millennial Edition

01/14/16

Get some Millennial insight from Luvleen Sidhu of BankMobile and learn about Goldman Sachs' new retention tool for women. Also, Sheila Bair has a complaint about Wall Street reform, more institutional investors are pushing for boardroom diversity and a New York artist paints the stock market.

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Claims Trading Warps the Bankruptcy System

01/14/16

A New York Times article published in October discusses how litigation financing may warp the legal system. The author posits that litigation finance gives rise to a litigation arms race, with speculative money aggravating the already-high costs of the American legal system. The article says: “It’s hard to imagine how billions in outside capital won’t end up changing the justice system. The only question is how.”

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Where Was Obama's Victory Lap on Financial Reform?

01/14/16

Financial services issues that helped define a presidency were largely absent from Tuesday's State of the Union address, including the crucial policy items that have not yet been resolved.

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