Bankruptcy Blogs

Weekly Wrap: Bitcoin Rival Could Shake Up Commerce; Rethinking Credit Scores

07/03/14

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

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San Angelo Colts File for Bankruptcy to Save Stadium

07/03/14
Foster Field in San Angelo, Texas, the home of the Colts.
Sanangelocolts.com

The S

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In Wake of Dimon's Cancer News, Opponents Set Grudges Aside

07/03/14

JPMorgan Chase Chief Executive Jamie Dimon has no shortage of detractors. But the public response to his cancer diagnosis has been surprisinglyÂ--and reassuringlyÂ--civil.

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How the Magic Kingdom Nails Product Rollout

07/03/14

Disney has found success with wearable technology thanks in no small part to its efforts to educate and motivate customers about its MagicBand wristbands.

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Morning Scan: Dimon Praised; Yellen on Bubble Popping

07/03/14

Yellen Holds on Low Rates: The Federal Reserve should not raise interest rates in order to battle financial bubbles, according to a speech delivered by the central bank's chairwoman Janet Yellen Wednesday. Her remarks suggest that the Fed is "more interested in having a resilient financial system that can cope when asset bubbles burst than it is in popping them through rate rises," the Financial Times reports. While monetary policy is an efficient means ofÂ...

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The Daily Docket: Bankruptcy Judge to Confirm Genco Plan

07/03/14

A bankruptcy judge said on Wednesday that Genco Shipping & Trading Ltd.’s restructuring plan appropriately values the dry-bulk shipper and that he will confirm the plan. Read the Daily Bankruptcy Review article here.

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Scrapping Basel III for Stress Tests Would Be a Big Mistake

07/02/14

Stress tests have a spotty record as a tool for identifying weaknesses and problem institutions.

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Revival Is on the Table for Bankrupt New York City Opera

07/02/14
The Brooklyn Academy of Music’s Peter Jay Sharp Building, where New York City Opera performed “Anna Nicole” until Oct.
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A Centralized Credit Policy Is Best Defense Against Fair-Lending Complaints

07/02/14

If banks can develop processes that show their credit decisions are consistent, transparent, and easily auditable they will be in a better position insulate themselves from disparate impact judgments, writes Zoot EnterpriseÂ's Eric Lindeen.

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Morning Scan: JPM's Dimon to Keep Working During Cancer Treatment

07/02/14

Receiving Wide Coverage ...

Dimon Diagnosed with Throat Cancer: The doctors caught it early, it's curable, and the JPMorgan CEO will undergo treatment over the next two months while continuing to work (though limiting his travel). "There isn't a specific individual who will take over Mr. Dimon's responsibilities as his schedule eases while he undergoes treatment," reports the Journal, citing a company spokesman. "The board has succession plans focusing on immediate, three-year and five-to-seven-year time frames."...

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