Bankruptcy Blogs

Banks' Model Risk Worse than Ever, Thanks to Basel III

07/11/13

Applying the latest statistical techniques to measure operational risks lulls us into a false sense of analytic security and desensitizes management to the important qualitative aspects of controlling such exposures.

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Corker-Warner: A Great Starting Point in GSE Reform Debate

07/11/13

The bill may be a bridge between the advocates of a purely private market and those who favor some role for the federal government in housing.

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Meet Judge Davis (Expanded Version)

07/11/13
From 1989 to 2007, Judges Larry Kelly and Frank Monroe occupied the bankruptcy bench in Austin, providing a period of judicial continuity rivaled only by their colleagues in San Antonio (Judges Leif Clark and Ronald King served at the same time from 1988 to 2012).   On April 1, 2013, the Austin bar welcomed its third new judge in six years as Judge Craig Gargotta moved to San Antonio and Judge Tony Davis assumed the bench.   Here is an introduction to the newest jurist to overs
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Meet Judge Davis (Expanded Version)

07/11/13
From 1989 to 2007, Judges Larry Kelly and Frank Monroe occupied the bankruptcy bench in Austin, providing a period of judicial continuity rivaled only by their colleagues in San Antonio (Judges Leif Clark and Ronald King served at the same time from 1988 to 2012).   On April 1, 2013, the Austin bar welcomed its third new judge in six years as Judge Craig Gargotta moved to San Antonio and Judge Tony Davis assumed the bench.   Here is an introduction to the newest jurist to overs
[more]

The Daily Docket: Reader’s Digest Unveils Restructuring Plan

07/11/13

Reader’s Digest Association Inc. unveiled a restructuring plan to focus on its North American print and digital business Wednesday, as it prepares to emerge from bankruptcy protection. Read the Daily Bankruptcy Review article here.

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Interest Rate Oracles and Leverage Games

07/11/13

Receiving Wide Coverage ...

Talking Rates: More communication and more interpretation. Federal Reserve Chairman Ben Bernanke's remarks at a conference Wednesday and the release of the minutes of the central bank's June policy meeting delivered two major themes. Like other officials recently, Bernanke sought to decouple tapering of the Fed's asset purchases, which could begin later this year, from views on its policy rate, saying that "the overall message is accommodation." Meanwhile, the minutes showed divisions...

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Let the Market Decide the Price of Payday Loans

07/10/13

Overregulation and elimination of short-term credit alternatives will merely hurt consumers, particularly when criticism of existing products comes with no new solutions.

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Ireland’s Bad Bank Blasts Developer’s U.S. Bankruptcy

07/10/13

The Irish government’s “bad bank” says developer Sean Dunne lied about his finances and concealed assets in his U.S. bankruptcy filings and in a meeting last month with creditors.

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How to Minimize the Risks of New Mortgage Rules

07/10/13

Lenders will need to, among other things, evaluate and subsequently document their compliance with ability-to-repay and fair lending rules in order to avoid getting caught in regulators’ crosshairs.

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