Bankruptcy Blogs

Banking Needs to Get Over Infatuation with Risk Models

11/28/12

The risk profession continues to aid and abet our tendency to want to quantify everything. But understanding real life is ultimately a social, not physical, science.

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Senator Proposes Law to Keep Stocking Stuffers Safe in Bankruptcy

11/28/12
Getty Images
Sen. Richard Blumenthal speaks during a press conference on Iran at the Capitol on Feb. 29.

A U.S.

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Dodd-Frank Makes a Mockery of 'Plain Language' Movement

11/28/12

We now have two different definitions of a "high-cost" mortgage, as well as a "higher priced" mortgage, and a "higher risk" mortgage. Clearly, Congress failed to practice what it preaches.

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The Daily Docket: Union Wants Hostess to Relinquish Control of Bankruptcy

11/28/12
Reuters
Hostess employees strike in front of one of the bakeries in Los Angeles.

The union behind the crippling strike that Hostess Brands Inc.

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Housing Market Recovery in Full Swing, Just in Time for the Student Loan Meltdown

11/28/12

Receiving Wide Coverage ...

Housing: The same market that dragged the U.S. into a nasty recession "is now a key economic driver at a time when other sectors are slowing," the Journal reports this morning. While GDP growth limps along and businesses fret about the fiscal cliff, "an improving housing market is buoying consumers' spirits and giving the economy its biggest lift since the real-estate boom." Mortgages remain hard to come by, but to the extent...

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Digital Partnerships Should be a Priority for Banks in 2013

11/28/12

Banks must understand the risks associated with a potential partnership, assess how the effort will support their overall strategy and hire the right talent to manage the venture once it has been approved.

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Something for the Amicus Brief?

11/27/12

In the Argentine appeal?

This weekend I found myself reading an 1829 edition of American Jurist and Law Magazine (it's a long story, but says much about my social life), and came across the following:

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Conversion To Chapter 7 Bankruptcy Free From Means Test

11/27/12

A debtor files a Chapter 13 bankruptcy and makes plan payments for several months. Then, the debtor loses his job and is unable to make the Plan payments. The debtor files a notice of conversion to Chapter 7.

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Everybody’s Talking About Twinkies

11/27/12
Reuters
Twinkies are pictured in this undated handout photo obtained Nov.
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A Toxic Culture Can Be Hazardous to Your Bank's Balance Sheet

11/27/12

Banks must take a stand against a shattered culture or suffer the repercussions of a fractured chain of command, reduced productivity, high employee turnover, weak customer service and poor work quality.

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