Bankruptcy Blogs

When it comes to pre-bankruptcy insider pay, how much disclosure is enough?

When it comes to pre-bankruptcy insider pay, how much disclosure is enough?

Wall Street Journal

Prosecutors are pursuing criminal cases against JPMorgan Chase and Royal Bank of Scotland executives for allegedly selling flawed mortgage securities, unnamed sources said. Authorities are looking at a $2.2 billion deal that RBS handled, in which home mortgages were securitized. RBS has already reached a civil settlement with the SEC on the case. JPMorgan is being probed on a different deal, earlier investigated by the Justice Department's Sacramento, Calif., office, related to a...

When it comes to pre-bankruptcy insider pay, how much disclosure is enough?

In the latest battle over whether bankrupt parents should have paid for their kids’ college education, the University of Southern California made it clear that t