Bankruptcy Blogs

Why Private-Label Credit Cards Have Defied the Doomsayers

12/21/12

Private label credit card is the least expensive method of payment stores can accept. For that reason alone, it makes fundamental sense for every retailer to carry a program if feasible.

[more]

The Daily Docket: AMR Wins Approval to Enter Pilot Labor Contract

12/21/12
Bloomberg
Travelers check in for flights at the American Airlines Inc. counter at LaGuardia Airport on Nov. 21, 2012.

American Airlines parent AMR Corp.

[more]

Dear Santa, Please Let the Bankers Grow Up

12/21/12

As an industry, we do not need to be piling new regulations on our own head. When we fail to present a unified front and effectively communicate to professional lawmakers, the result will be ill-conceived laws.

[more]

The Truth About Websites That Promise Debt Relief

12/21/12

The promise of debt freedom is just behind the next click.

We walk through life with a bit more cynicism than used to be the case.  When I get an email promising me millions from an overseas stranger, for example, I know better than to click the link or provide information.

If it sounds too good to be true, the saying goes, then chances are it is just that.

[more]

American Airlines to Sell Posh Property

12/20/12

American Airlines parent AMR Corp. is looking to offload a townhouse in London’s upscale Kensington neighborhood, a brief walk from the palace that’s home to Prince William and Kate Middleton.

[more]

Why Internet and Mobile Banking Can Be Out of Sync

12/20/12

If banks apply a standard of parity, they will wind up in a holding pattern because right now and for the foreseeable future, Internet banking is not keeping pace with mobile platforms.

[more]

The Daily Docket: More on Kodak’s $527M Patent Sale

12/20/12
Associated Press

Eastman Kodak Co.'s proposed $527 million sale

[more]

UBS and Libor: The 'Epic' Saga Continues; NYSE Announces Merger

12/20/12

Holiday Notice: The Morning Scan will publish next on Thursday, Jan. 3, 2013. Happy holidays from all of us at American Banker. Receiving Wide Coverage ...

The UBS-Libor Saga Continues: "Epic," that's the word regulators (and, subsequently news outlets) are attaching to UBS' involvement in the London interbank offered rate-rigging scandal as more details emerge about what led to its recent $1.5 billion settlement with authorities and the arrest of two former traders Tom Hayes and Roger...

[more]

Sparing the Rod Is Spoiling the Bankers

12/20/12

We must pay more attention to placing blame where it exists and punishment where warranted, not foisting penalties off on shareholders, investors, customers and employees.

[more]