Bankruptcy Blogs

Basel Simplification to Get Airing in Austria

08/14/13

Simplification of the Basel capital rules — the topic of my first post — will get a full airing at the Salzburg Global Seminar's upcoming confab.

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Losers in Debit Interchange Ruling: Consumers and the Free Market

08/14/13

Declining interchange revenue translates into consumers paying more for the products and services (that in many instances were once free), with no corresponding decrease in retailer prices.

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The Daily Docket: DOJ Looks to Block AMR-US Air Merger

08/14/13

According to The Wall Street Journal, The Department of Justice on Tuesday moved to block the merger of American Airlines parent AMR Corp. and US Airways Group Inc., which could hurt AMR’s plan to leave b

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Fed Chair Fight Continues; Charges Planned in 'Whale' Case

08/14/13

Receiving Wide Coverage ...

Yellen v. Summers: The growing controversy over who will succeed Fed Chairman Ben Bernanke garnered more attention in the major papers. The Journal focused on behind-the-scenes efforts by the White House to "quash the campaign" by Senate Democrats, who have been pressuring President Obama to nominate Fed Vice Chairman Janet Yellen. Apparently, the "message" has been received. "In recent days, top Democratic senators have vowed to support whomever he picks." Not getting...

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Non-Domiciliary Entitled to Claim Federal Exemptions

08/13/13

In the pre-BAPCPA decision of In re Arispe, 289 B.R. 245 (Bankr.S.D.Fla.)(Mark, C.J.), the court held that a debtor who is a resident in Florida but not a domicile of Florida is entitled to claim the Section 522(d) federal exemptions as the Florida opt-out statute only applies to those domiciled in Florida.

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Banking Is Still a Great Career Choice

08/13/13

Banking has lost its recruiting luster at a critical time. To attract the best, the industry must regain people’s trust.

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Morris Brown Dorms In Play Amid Falcons’ Stadium Talks

08/13/13
David Goldman/Associated Press

Morris Brown College has gotten pulled into the debate over where to build the Atlanta Falcons’ new $1 billion stadium, and the recent negotiations have turned into a game of (requisite sports pun)

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Legal Solutions to Non-Legal Problems

08/13/13

Again, this is me posting on Adam Levitin's behalf because he is away from Internet access as he owns an Apple computer (often a redundant statement). Adam writes:

R.
Glenn Hubbard and Tim Kane have an op-Ed in the NYTimes proposing a federal
balanced budget amendment as the solution to federal deficits. 

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The Peculiar Vulnerability of Municipal Pensions in Chapter 9

08/13/13

This may be my byline, but I am posting for Adam Levitin. He is not in his office, and his Apple device is not being cooperative with our blog hosting service. He asked me to post for him, apparently unaware that meant that I would also get to take cheap shots like asking whether he would like to replace his Apple faux-device with a real computer. 

Anyway, Adam writes:

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Stress-Testing, the IMF Way

08/13/13

For fans of stress-testing, the IMF has a new primer on what it takes to make one credible.

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