Bankruptcy Blogs

Women in Banking: #TheNew10; Heidi Miller's New Gig

06/24/15

Which woman would KeyCorp's Beth Mooney or Citi's Suni Harford put on the new $10 bill? See the top picks from some of our favorite women in banking.

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Disclosure Rules Are the Wrong Way to Push Social Change

06/24/15

The growing popularity of impact investing has led to a raft of new disclosure rules. The problem is that using the SEC to monitor companies' CEO pay policies and use of "conflict minerals" decouples the government agency's authority from its area of jurisdiction.

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"Underwater" Mortgages Still Avoidable in Chapter 13

06/24/15

The avoidance or "lien stripping" of "underwater" second or other junior liens has been much in the news lately since the U.S. Supreme Court's ruling in the Bank of America cases. The Court held that wholly underwater second or other junior mortgages are not avoidable in a chapter 7 bankruptcy case.

Still Avoidable in Chapter 13 Cases

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The Best Investment Advice Isn't Always the Cheapest

06/24/15

A number of class-action lawsuits allege that investment advisers breached fiduciary duty by failing to recommend the least expensive products. But both trust law and investment theory acknowledge that responsible advisers take other factors into consideration.

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Salus Seeks Chapter 7 for RadioShack

06/24/15
European Pressphoto Agency

Salus Capital Partners LLC is pressing ahead with a bid to convert RadioShack Corp

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Morning Scan: Housing's Uneven Recovery; Digital Banking on Dates

06/24/15

Receiving Wide Coverage ...

An Uneven Recovery: Home prices are appreciating in wealthier areas, but values in poorer towns continue to lag behind, the Wall Street Journal reports. In the working-class suburb of Lithonia, Ga., for example, 54% of homeowners are underwater; the same is true of 15% of homes worth less than $200,000 nationwide, compared to just 6% of homes worth more than $200,000. One way to help struggling homeowners could be to slash the...

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Is There a Student Loan Debt Crisis?

06/23/15

I've been a skeptic for some time about claims that we have a student loan "crisis" in the United States. For individuals mired with student loan debt, it is very much a crisis, of course.

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As Corinthian Claim Deadline Approaches, Few Students Expected to File

06/23/15
Students wait outside Everest College on April 28 in Industry, Calif., hoping to get their transcriptions and information on loan forgiveness and transferring credits to other schools.
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FDIC Premium Plan Is Too Little, Too Late

06/23/15

Risk-based premiums should apply to big banks as well as small ones. That's because the assessment would have an immediate impact on big banks' quarterly profits, thereby appropriately charging them for the competitive advantage and privilege afforded by their size.

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Don't Let Big-Bank Politics Distract from Small Banks' Plight

06/23/15

Congress should avoid becoming so focused on the problems with big banks that they overlook the community lenders suffering from a lack of regulatory relief.

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