Bankruptcy Blogs

A look at four financial technology startups reveals major trends in the industry. Mobile applications, digital currencies, small data and alternative lending are all heating up.

Receiving Wide Coverage ...

Geithner Parsed: The Monday release of Timothy Geithner's financial crisis memoir Stress Test occasioned a lengthy profile of the former Treasury secretary in the New York Times magazine. The article by Andrew Ross Sorkin includes a number of interesting-if-not-explosive reveals, including Geithner's discomfort with criticizing Wall Street's banker bonuses and the fact that he regrets failing to get more aid for troubled homeowners. Geithner also says that the failure of Lehman Brothers...

Monday, the historic Nortel Networks Corp. cross-border bankruptcy trial will begin in Wilmington, Del., and Toronto. Judges will decide how to divvy up $7.3 billion from the sale of patents and other assets between Nortel divisions in Canada, the United States and Europe.

Receiving Wide Coverage ... Fighting over Fannie and Freddie: The Washington Post reports on the coalition of small investors, civil rights and business groups opposed to housing reform legislation, their well-funded ad blitz to "save" Fannie and Freddie, and the likely outcome of the current court battle challenging the government's seizure of the enterprises in 2008. The Wall Street Journal reports Fannie and Freddie "had another blockbuster quarter," earning a combined $10.2 billion, most of itÂ...