Bankruptcy Blogs

Morning Scan: Big Banks' Feeble Earnings Season; The Real Dread Pirate Roberts

01/16/15

Editor's note: Morning Scan will not publish on Monday, Jan. 19 in observance of the Dr. Martin Luther King Day holiday. We'll be back on Tuesday, Jan. 20. Breaking News This Morning ...

Earnings: SunTrust, Comerica, PNC Receiving Wide Coverage ...

Earnings Postmortem: Bank of America and Citigroup each produced disappointing fourth-quarter results as trading revenue went south and low interest rates curbed potential profits. Taken together with JPMorgan's less-than-stellar earnings, these results suggest the fate of the biggest...

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Your Bankruptcy Is a Wonderland: John Mayer May Get Stiffed on Amp Sale

01/15/15
John Mayer performs in concert during his Born and Raised Tour 2013 at the Baltimore Arena on Saturday, Dec. 14, 2013, in Baltimore.
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Who’s Who in the Caesars Bankruptcy

01/15/15
Bloomberg News

Caesars Entertainment Corp. and its sprawl of subsid

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Betting on the House: The Dueling Caesar's Bankruptcies

01/15/15

It's turning into a wild week in Chapter 11 with the dueling bankruptcy petitions for Caesar's Entertainment.  On Monday, an involuntary petition was filed in Delaware against Caesar's by some of its Second Lien noteholders. Today, Caesar's filed a voluntary petition in the Northern District of Illinois. It's not the year of the Four Emperors yet, but it is the year of the Two Caesar's petitions.

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The Caesars Bankruptcy: What’s In and What’s Out?

01/15/15
Part, but not all, of the Caesars Palace in Las Vegas is included in the bankruptcy case.
Bloomberg News

Weighed down by debt,

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Banks Should Go Green with Solar Mortgage Products

01/15/15

Lenders could save time and money by offering homeowners the opportunity to finance the purchase of a rooftop solar system into a new mortgage.

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The Daily Docket: Caesars Puts Operating Unit Into Bankruptcy

01/15/15

Gambling giant Caesars Entertainment Corp. put its largest unit into Chapter 11 protection in Chicago early Thursday morning, leaving it to a judge to settle the bitter dispute among the company’s creditors and the investment firms whose buyout left the unit with $18.4 billion in debt, The Wall Street Journal reports. 

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Can Loan Officers Outperform Computers?

01/15/15

While computers may have bested humans in chess and mutual fund management, loan underwriting is one area where men can still beat machines.

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Morning Scan: JPM's Dimon Says Bigger Is Better; Embattled Dodd-Frank

01/15/15

Breaking News This Morning ...

Earnings: Citigroup, Bank of America Receiving Wide Coverage ...

Dimon Says Bigger Is Better: With so much chatter about a JPMorgan Chase breakup these days, one wonders if the megabank could eventually be forced to downsize out of pure conversational momentum. JPMorgan head Jamie Dimon spent fourth-quarter earnings calls Wednesday defending his bank's behemoth status. "The synergies are huge, both expense and revenue," Dimon said. "The unscrambling would be extraordinarily complex." Dimon also...

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Why Did Caesars Choose Chicago?

01/15/15
Bloomberg News

As restructuring professionals counted down the hours until Caesars E

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