Bankruptcy Blogs

Tougher Enforcement Actions Are Coming

09/11/13

Responding to potential enforcement actions has become even more challenging because the number of agencies with concurrent jurisdiction has increased, and the authorities of those agencies have been broadened.

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Facing Lead Paint Suits, Baltimore’s City Homes Files for Bankruptcy

09/11/13

City Homes Inc., which rents more than 300 Baltimore apartment units to low-income tenants and faces a wave of lead paint lawsuits, filed for Chapter 11 protection.

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What Ronald Coase's Work Can Teach Us About Banking

09/11/13

Knee-jerk regulations passed in crisis moments can do more harm than good, but all regulation is a static framework applied to an ongoing, dynamic market. The tensions created are inevitable.

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Banks Should Make It Harder to Withdraw CDs Early

09/11/13

A sharp rise in interest rates could cause customers to cash in CDs they have purchased only 30 to 60 days prior. It should not be easily cost effective to cash any CD prior to maturity.

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The Daily Docket: Syncora Appeals Detroit Tax Revenue Ruling

09/11/13

Syncora Guarantee Inc., the bond insurer caught up in the battle over Detroit’s casino tax revenue, is appealing a bankruptcy judge’s decision that has allowed millions of dollars of those taxes to continue flowing to the city throughout its historic $18 billion bankruptcy. Read the Daily Bankruptcy Review article here.

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Hedge Fund Boss Says Dodd-Frank Is 'Fantastic' for Derivatives

09/11/13

Receiving Wide Coverage ...

Foiled Comeback: Former New York Governor Eliot Spitzer's hope of staging a political comeback was halted on Tuesday when he lost the Democratic nomination for city comptroller to Scott Stringer, the Manhattan Borough president. The one-time "sheriff of Wall Street" spent more money, but Stringer, as the New York Times describes it, painted Spitzer as a rich man who saw himself as above the law. ...

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Five Reasons Not to File Bankruptcy

09/11/13

There are many reasons to file bankruptcy. Here are five reasons NOT to file:

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Crisis books

09/10/13

I recently stumbled on this excellent compendium of more than 300 books on the financial crisis.  It also includes a list of 25 or so books that predicted the crisis, as well as a useful link to an annotated list of individuals who can be given credit for predicting various aspects of the crisis.

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