Bankruptcy Blogs

By Jim Bullard's Logic, It's Time to Break Up the Fed

05/14/13

The central bank is too big, too leveraged, extremely short-funded and a frequent creator through its interest rate and money-printing actions of gigantic systemic risk.

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Brown-Vitter Capital Standard Trumps Risk-Based System

05/14/13

The bill would replace the misleading risk-based capital system with a straightforward way to determine the true health of an institution, in addition to providing incentives for the largest banks to downsize.

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The Daily Docket: Revel Cleared to Leave Bankruptcy

05/14/13
Wayne Parry/Associated Press

Revel AC Inc., which saw its high-end Atlantic City, N.J., resort and casino falter nearly as soon as it opened its doors, won approval to exit bankruptcy with a fraction of the de

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'Bruno from London' New Nickname for Blue Whale at American Museum of Natural History

05/14/13

Receiving Wide Coverage ... More JPMeeting Previews: JPMorgan's annual meeting is a week from today, and the curtain-raisers keep coming. "Shareholders are taking a close look at financial relationships between some J.P. Morgan Chase board members and the company they oversee," according to the Journal. For example, the bank underwrote a bond issue, provided a line of credit and made charitable contributions to the American Museum of Natural History, run by Ellen Futter, a JPMorgan director.…

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The Risks of Oversimplifying Stress Test Models

05/14/13

It’s important that models for stress-testing be capable of representing the nuances of the questions they are asked to answer. Insights would be lost if models are kept too simple.

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U.S. Supreme Court Rules On Meaning Of "Defalcation" In Section 523(a)(4) in Bullock v. BankChampaign.

05/14/13

In a case appealed from the Eleventh Circuit Court of Appeals, the United States Supreme Court ruled on a case involving the definition of "defalcation" in 11 U.S.C. § 523(a)(4).  The case, decided yesterday, May 13, 2013, is Randy Bullock v. BankChampaign NA, 2013 U.S. LEXIS 3521 (U.S.

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U.S. Supreme Court Rules On Meaning Of “Defalcation” In Section 523(a)(4) in Bullock v. BankChampaign.

05/14/13

In a case appealed from the Eleventh Circuit Court of Appeals, the United States Supreme Court ruled on a case involving the definition of "defalcation" in 11 U.S.C. § 523(a)(4).  The case, decided yesterday, May 13, 2013, is Randy Bullock v. BankChampaign NA, 2013 U.S. LEXIS 3521 (U.S.

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Behind the Bank M&A Drought

05/13/13

Bank M&A “rainmakers” have been trying to make it rain for years. Most have little to show for it. Buy-side advisers that have made it rain often end up with disappointed clients.

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