Bankruptcy Blogs

Down the Rabbit Hole, Megabanks Thrive and Community Lenders Crumble

12/04/14

Most big companies achieve success by squeezing vendors, lowering prices, improving efficiency and giving consumers what they want. But in the topsy-turvy world of banking, the most disliked financial institutions end up at the top of the food chain.

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The Daily Docket: Trump Entertainment Showdown Pushed Back a Week

12/04/14
The Trump Taj Mahal Casino is illuminated at dusk in Atlantic City, N.J., Oct.
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Bank Examiners Are the Alpha Dogs of the Volcker Rule

12/04/14

Almost a year after the Volcker Rule was finalized, banks still have questions about which regulators are taking the lead on the rule and how the supervisory and enforcement process will work.

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Morning Scan: CFPB Clashes with Banks on Student Loans; Chicago Fed Prez Leans to 2016

12/04/14

Wall Street Journal

The Consumer Financial Protection Bureau's ombudsman for student loans, Rohit Chapra, is being taken to task by some lenders for how he has used public forums to encourage banks to improve their dealings with consumers on student loans. The problem lenders have is the 32-year-old Chapra favors delivering his message in public forums like blogs and letters, compared to other regulators who use more discreet formats. The paper looks at some of the...

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What Qualifies an Investment Banker to be a Regulator?

12/04/14

As the Antonio Weiss nomination contest heats up, I'd like to pose a question that seems to be taken for granted by Weiss's supporters, namely that he's obviously qualified for the job.  As far as I can tell, Weiss's chief qualifications are that (1) he's an investment banker and (2) he's a major Obama donor, who (3) professes Progressive sympathies.

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