Bankruptcy Blogs

Want Respect for Your Prepaid Card? Ditch the Celebrity Endorser

11/30/12

Why does an industry so often criticized for charging high fees to low-income consumers think it can win over critics by adding members of the 1% to the payroll?

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Saab Freaks, Here’s an Auction for You

11/30/12
Jonathan Nackstrand/AFP/Getty Images

Saab might be going away, but loyal fans have a chance to get the

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The Goose That Laid the Federal Reserve Note

11/30/12

This newly-discovered, expanded version of Aesop's most famous fable bears an eerie resemblance to the modern day and sheds new light on its tragic moral.

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Right of Publicity as an Asset in Bankruptcy?

11/30/12

A quick post to announce that intellectual property scholar Jennifer Rothman has just published an article that engages with the bankruptcy treatment of the "right of publicity." Painting with the broadest brush, the piece questions the alienability of an identity-holder's right of publicity more generally, and concludes creditors should no

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The Daily Docket: Hostess Approved to Liquidate

11/30/12
The Republic/Associated Press

A judge gave Hostess Brands Inc.

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More Mortgage Suits, Troubled Britannia, Shrinking Citi

11/30/12

Receiving Wide Coverage ...

Mortgage Morass, Continued: Bankers can be forgiven for mistaking the mortgage cops for a pack of raving hyenas that just won't end its pursuit. In the latest twist, the Justice Department argued Wednesday that the $25 billion mortgage settlement finalized earlier this year between the federal and state governments on one side and five big banks on the other doesn't buy Wells Fargo (WFC) immunity from being sued by the feds yet...

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Why Reputational Risk Is On the Rise

11/30/12

Banks today are struggling to pull together complaints data from multiple sources for analysis, resolution and reporting. There is also the challenge of interacting with customers, especially when something goes wrong.

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Credit Unions Too Small and Too Disciplined to Become TBTF

11/29/12

The average credit union is billions of dollars smaller than the behemoth banks. And the overall quality of credit union business loans is much higher than that of bank commercial loans.

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Where Are the Foreclosures?

11/29/12

Bloomberg has a story Foreclosure Wave Averted as Doomsayers Defied. I think it's a great example of defining deviancy downward. There's no question that we haven't seen a foreclosure tsunami in the wake of the federal-state servicing fraud settlement. But there was little reason to expect one and let's not lose sight of the big picture--foreclosure levels are still incredibly high. 

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