Bankruptcy Blogs

The Broke and the Beautiful: 50 Dollars Edition

09/20/13

This week on The Broke and the Beautiful, rapper DMX is down to his last $50 in cash. Also, Robin Williams is in some financial distress, and Young Buck’s bankruptcy plan was cleared by a federal watchdog.

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Banks Can No Longer Leave Policy Risks to Chance

09/20/13

The Federal Reserve Board now demands that big banks proactively manage reputational, strategic and compliance risks – qualitative things they traditionally viewed as outside their control. The new discipline will serve banks well.

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Glass Ceiling Cracked, Not Shattered, in Banking

09/20/13

Promotion to CEO roles will continue to be a challenge for women as the industry continues to consolidate.

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Aftermath of JPM's 'Whale' Deal; Buffet Endorses Bernanke for Fed Chair

09/20/13

Receiving Wide Coverage ...

All About JPM: Everyone's still talking about JPMorgan Chase's $920 million settlement with U.S. and U.K. regulators over last year's $6 billion "London Whale" trading loss. The main takeaways from JPM's Terrible Thursday? For starters, the bank's "Whale" problems may not be over. The Journal reports that the SEC is continuing a civil investigation of individual employees who are connected to the matter. Bank CEO Jamie "Tempest in a Teapot" Dimon is...

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The Daily Docket: Detroit Resident Speak out to Bankruptcy Judge

09/20/13

The Wall Street Journal has more on Detroit residents speaking out to a bankruptcy judge on their fears of not getting full pensions.

Read more about the bankruptcy filing of golf-course retirement community Devonshire in Daily Bankruptcy Review.

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Rapper DMX Running Low on Cash

09/19/13
Stephen Lovekin/Getty Images
DMX performs onstage at the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on Sept.
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The Fed and Chapter 11

09/19/13

It’s become fashionable to ascribe the decline in big chapter 11 cases to the low interest rates created by the Federal Reserve. If so, yesterday’s actions suggest a revival in the restructuring trade is still further off.

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Midsize Banks Will Drive M&A Surge

09/19/13

Mid-size players will seek to increase geographic coverage, acquire deposits with little-to-no premium and attract clients away from their competition through mergers and acquisitions.

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How to Prevent Another Financial Crisis

09/19/13

Regulators need to get cracking on Dodd-Frank rules, and the Fed needs a chairman who understands the impact of policies on the middle class.

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