Bankruptcy Blogs

Don't Neglect Your Bank's Customers in Pursuit of New Ones

10/02/14

The fact that a customer has been with your bank for an extended period of time may not be as predictive of their future decisions as you think.

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Elizabeth Warren Is Now a Jeopardy! Category

10/02/14
A question from Jeopardy about Elizabeth Warren
Jeopardy Productions Inc.

The nexus between the TV game show Jeopardy!

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The Daily Docket: Judge Says Stockton Can Cut Pensions

10/02/14
A view of Stockton City Hall
Reuters

The federal judge overseeing the bankruptcy of Stockton, Calif., ruled that the city has the power to cut its pensio

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Morning Scan: BofA CEO Moynihan Named Chair; Dark Days for GSE Shareholders

10/02/14

Receiving Wide Coverage ...

Moynihan's Next Move: Bank of America chief executive Brian Moynihan received a vote of confidence from the bank's board of directors Wednesday as he was appointed to the additional role of chairman. The roles had been split at Bank of America since 2009, when then-head Ken Lewis was stripped of his chairman title. Chad Holliday, who Moynihan succeeds as chairman, will remain on the board. The Financial Times focuses the potential downside...

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Markets?

10/02/14

Some thoughts on how much faith we should have in the debt markets, and whether they are actually markets at all, over at Dealb%k.

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11th Circuit Issues 2 Section 506 Decisions

10/01/14

Two days, two chapter 7 section 506 decisions by the the 11th Circuit Court of Appeals.  On September 29, 2014, the Court issued its decision in In re Phillip, 2014 WL 4802758 (11th Cir. Sept. 29, 2014)(not selected for publication). On September 30, 2014, the Court issued its decision in In re Vaner Iest, 2014 WL  4825253 (11th Cir. Sept. 30, 2014)(not selected for publication).  The mortgage lender in both cases was Bank of America, N.A.

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Why Volcker Rule Compliance Is a Fool's Errand

10/01/14

The complexity of the Volcker Rule means that it will be nearly impossible for banks to comply with its requirements within set time framesÂ--and regulators risk wasting a lot of time trying to enforce the unenforceable.

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Bankrupt Texas Gun Seller Could Get Reality TV Show

10/01/14
Tactical Firearms

A bankrupt gun retailer and shooting range in suburban Houston that loudly filed for bankruptcy in June—

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What Branchless Banking Means for the CRA

10/01/14

As the industry turns to online-only banking and partnerships with third-party retail distributors, it's getting harder to use geographical boundaries to define the communities that banks serve. That's why the CRA needs an update.

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