Bankruptcy Blogs

While some saw Tim Pawlenty's unexpected recommendation to strike Syria as a sign he may be weighing a return to politics, the former Minnesota governor said he is focused on his "current job" as head of the Financial Services Roundtable.

The idea of subjecting U.S. financial supervision to peer review by European and Asian financial regulators with their own problems is a bit rich to swallow.

Customers tend to "hire smilers." When otherwise comparable alternatives exist, people gravitate toward businesses that make them feel welcomed and appreciated.

A bankruptcy judge said Longview Power LLC can use its lenders’ cash to fund its bankruptcy case and set up a showdown between the company and a group of contractors over disputed letters of credit. Read the Daily Bankruptcy Review article here.

Receiving Wide Coverage ...

S&P vs. DOJ, Retaliation Edition: Well, this is an interesting tactic. Standard & Poor's is arguing that the federal government is suing the firm in retaliation for stripping the U.S. of its AAA credit rating back in 2011. Per S&P's latest court filing, "the government's 'impermissibly selective, punitive and meritless' lawsuit was brought 'in retaliation for defendants' exercise of their free-speech rights with respect to the creditworthiness of the United States of...