Bankruptcy Blogs

How Miss America Changed Citibank, Part I

01/22/15

As a consultant to Citibank in the 1970s, former Miss America Bess Myerson helped spearhead landmark consumer reforms Â-- including the first plain-language agreement in the financial services industry.

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Arbitration Tricks Consumers into Giving Up Their Rights

01/22/15

Even if arbitration does turn out to be beneficial for many consumers, Americans should not lose their constitutional right to a day in court without being aware that they are doing so.

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The Daily Docket: GM Creditors Win $1.5 Billion Loan Challenge

01/22/15

: Bloomberg

A federal appeals court in New York on Wednesday said a paperwork mistake rendered a $1.5 billion bank loan made years ago to struggling General Motors Co.

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Morning Scan: Europe's QE Plan; Investors 'Panicking' About Oil-Heavy Banks

01/22/15

Breaking News This Morning ...

Earnings: KeyCorp, Huntington, BB&T, BankUnited Receiving Wide Coverage ...

European QE: The European Central Bank is expected to launch a quantitative-easing program that could include the purchase of about 50 billion euros worth of bonds each month (equivalent to about $58 billion). Europe hasn't embarked on a QE program during the recent years of economic tumult. But the state of the continent's fragile economy prompted the move, said Matteo Renzi, Italy's prime minister....

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Let’s Not Just Create Jobs, Let’s Save Them, Too

01/22/15

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Little Big Mistakes: The Second Circuit Rules on GM/JP Morgan

01/21/15

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Make Way for the Bank Tech Disruptions of 2015

01/21/15

This year, electronic trading will finally come to the bond market and more banks will adopt technologies that harness social media to flag potentially fraudulent customers.

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Thanks to Matthew Bruckner

01/21/15

We want to thank Professor Matthew Bruckner of Howard University for hanging out at Credit Slips for a while. We appreciate him sharing his thoughts on some of the finance issues facing legal education and issues surrounding student debt.

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Judge Finds Ex-Wall Street Trader Hid Millions From Bankruptcy Court

01/21/15

A once-prominent Wall Street trader imprisoned in 2005 for embezzling $43 million from Merrill Lynch & Co. recently met the ire of a bankruptcy judge, who refused to let him get rid of his debts through bankruptcy because of repeated lies to the court.

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