Bankruptcy Blogs

Parma Loses More Points for Not Making Payments

03/13/15
In this March 8 file photo, a man stands outside the Tardini stadium as a note behind him reads in Italian “Chiuso per rapina” (Closed after robbery) prior to a Serie A soccer match between Parma and Atalanta in Parma, Italy.
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Why One-Size-Fits-All Rules Could Hurt the Recovery: Weekly Wrap

03/13/15

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the benefits of regulating banks by complexity rather than size and how to make the Fed's stress tests more effective.

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Forward Motions: Longview Power Seeks Approval of Bankruptcy-Exit Plan

03/13/15

Longview Power LLC heads to bankruptcy court Monday to try to win a judge’s approval of its plan to exit chapter 11 bankruptcy protection.

Longview, the operator of a 700-megawatt power plant in West Virginia that was the largest privately funded project in the state’s history, sought bankruptcy protection in August 2013 after being plagued with operational issues since its 2011 launch.

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Fed Should Stop the Stress Test Guessing Game

03/13/15

Informing banks about the details of stress-test requirements in advance would help mitigate financial institutions' unnecessary costs. And conducting the tests on a quarterly basis would ensure that banks are unable to game the system.

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Morning Scan: Mastering the Art of Stress Tests; SEC's Tough Enough, Says White

03/13/15

Receiving Wide Coverage ... Practice Makes Perfect: Have U.S. banks finally cracked the code on stress tests? Whatever your opinion, there's an article that will reaffirm it. The Wall Street Journal suggests the Fed's annual capital review still keeps banks guessing, pointing out that Goldman Sachs, JPMorgan Chase and Morgan Stanley all overshot their proposed shareholder payouts by a significant margin. They collectively shaved off at least $11 billion in payouts in order to meet theÂ...

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Ukraine: One Debt Tea Leaf in the IMF Program

03/12/15

The IMF has approved a new 4-year $17.5 billion program for Ukraine, with an immediate disbursement of $5 billion. This is a big economic, institutional, and geopolitical deal.

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Reports of Plastic Card Extinction Are Greatly Exaggerated

03/12/15

Mobile wallets will undoubtedly become more popular with time, but plastic cards won't be easily killed off. We add to payment options to increase security, options and convenience.

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