Bankruptcy Blogs

How Backpage Is Different from Choke Point

12/03/15

The Seventh Circuit Court of Appeals recently slammed Cook County Sheriff Thomas Dart for his actions trying to get Mastercard and Visa to stop processing payments for Backpage, an advertising website whose ads include various adult services (some legal, some not).

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Don't Fear 'No Thanks' When Trying to Execute Sales Strategy

12/03/15

How you behave after customers turn you down establishes their impression of you going forward and could open the door to new sales opportunities.

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Morning Scan: ECB Cuts Deposit Rate; Yellen Hints of Hike

12/03/15

Breaking News This Morning ...

ECB QE Expansion: While the Fed considers a rate hike, central bankers across the pond appear did the opposite. The European Central Bank Thursday increased stimulus in the face of low inflation. The ECB slashed the deposit rate to -0.30% from -0.20%. Inflation in Europe remains well off where central bankers want it to be, at 0.1% versus the desired 2%. The effects of this QE expansion though are unclear, according...

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The Politics of Indirect Auto Lending and the CFPB

12/02/15

Steve Davidoff Solomon has a Dealbook column on the CFPB's attempts to regulate auto lending that unfortunately gives the wrong impression about what the agency is up to, but which does tee up a really interesting question about the agency's politics.

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Best Buy Fights to Save Airport and Mall Vending Machines

12/02/15
Customers stand in line as they wait for the doors to open at Best Buy in McAllen, Texas.
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These Cyberthreats May Be Coming to a Local Bank Near You

12/02/15

Unlike the high-profile hacking incidents at big banks, smaller institutions have their own breed of threats such as cyberextortion that they must focus on in strengthening their security.

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Morning Scan: Small Banks Win with Highway Bill; JPM Enters Online Lending

12/02/15

Receiving Wide Coverage ...

Highway Bill Win for Small Banks: Bipartisan discussions in Congress have generated a $300 billion bill to address highway funding and shortfalls in the Federal Highway Trust Fund. Talks on how to pay for the bill had focused in large part on the Fed — in particular cuts to its dividends to banks and its rainy-day fund, moves that were opposed by the banking industry. Small banks have reason to celebrate however,...

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Pacer Outages Reported Amid Bankruptcy Paperwork Changes – Update

12/01/15

Several court websites that are portals to bankruptcy court filings were down on Tuesday morning—the first day that bankruptcy lawyers are supposed to file documents using newer forms.

Many court websites were offline for several hours starting on Monday night to upload and test the software with the new bankruptcy forms.

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