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Bitcoin's Satoshi Nakamoto Revealed?: Two independent reports came out Tuesday identifying Australian businessman Craig Steven Wright and deceased American computer forensics expert Dave Kleiman as the probable creators of the digital currency bitcoin. No sooner were their identities revealed as the likely creators than Australian federal police raided Wright's suburban Sydney home in an alleged tax investigation. Wired was the first to report Wright was probably the pseudonymous Satoshi Nakamoto. The website...

A large number of bankruptcy and corporate finance scholars, including several Slipsters, signed on to a letter to Congressional leadership regarding the proposed omnibus appropriations bill rider to amend the Trust Indenture Act.

The Roman Catholic Diocese of Duluth, Minn., filed for bankruptcy Monday after being hit with an $8.4 million verdict in a clergy sex abuse case, Read the Daily Bankruptcy Review story via The Wall Street Journal.  Last month, a jury awarded $8.4 million to a man who says he was sexually abused in the late 1970s by a priest serving in the Diocese of Duluth, which spans 10 counties in northeastern Minnesota.

New York Times

The Export-Import Bank reopened on Monday, but things aren't going to be like the good old days any time soon. The Ex-Im Bank lacks a quorum, as three of its five seats are vacant. Even if President Obama nominated members, the Ex-Im Bank's Tea Party-backed Republican enemies in Congress almost certainly wouldn't confirm them. That's going to leave the Ex-Im Bank handling paltry export deals, not the giant loans for aircraft and satellites...