Bankruptcy Blogs

How to testify and what you should say in bankruptcy court

12/19/12

Here is a guide to preparing effective testimony in your bankruptcy case.

[more]

CRA and the Housing Bubble

12/19/12

There's an interesting new paper out on the role of the Community Reinvestment Act and the housing bubble. The paper, called "Did the Community Reinvestment Act (CRA) Lead to Risky Lending?" is by Sumit Agrawal, Efraim Benmelech, Nittai Bergman, and Amit Seru (ABBS). It is a serious economic analysis, which is a major departure from much of the post-2008 grumbling about the CRA.

[more]

How the iPhone is Changing Banking

12/19/12

Smartphone capabilities, like instant Internet access, integrated cameras and GPS systems, have given consumers more control over their banking relationship and are forcing financial institutions to adapt.

[more]

Recent Attacks on FHA Are Wrongheaded

12/19/12

A new study concludes the agency's basic business model puts homeowners at an unacceptably high risk of default with negative consequences for communities. Nothing could be further from the truth.

[more]

Bankruptcy Overlooked By Financial “Experts”

12/19/12

As I said before in an article I wrote What Suze Orman Doesn’t Understand About Bankruptcy , “Bankruptcy attorneys like me look at things differently than many people, even so called “financial experts”.

[more]

Libor Manipulation: UBS Makes Deal; Was Geithner Tipped in 2008?

12/19/12

Receiving Wide Coverage ...

UBS Fined in Libor Probe: An irony of the Libor probe is that it's looking nearly as choreographed and negotiated as the long-running rate manipulation that preceded it. Early this morning UBS and Swiss regulators announced the bank had agreed to a $1.5 billion settlement, and arrests of people connected with the Swiss bank are expected today, according to anonymous sources. RBS is next in line to settle, these same sources say....

[more]

Dodd-Frank Ushers in a Corporatist Era in Banking

12/19/12

Massive regulation provides a deep moat protecting large financial institutions against competition from community banks and innovators.

[more]

Ex-National Lampoon CEO Too Poor to Appeal Conviction, Sentence

12/18/12
Associated Press/Los Angeles Times
Timothy Durham is taken into custody by FBI Agents at the Federal Building in Westwood, Calif., on Wednesday, March 16, 2011.
[more]