Bankruptcy Blogs

The Consumer Financial Protection Bureau is doing something promising with its anti-abuse authority under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.  It is going after credit industry exploitation of consumers, particularly when business models involve using confusing terms that disclosure cannot adequately address.  See my paper on this topic. So I was not surprised to see George Will attacking this development.   We can't have smart, effective consumer protec

Nathalie Martin invited readers to skip Black Friday and do a spending fast. Her post caused me to wonder whether we have lost the true meaning of Black Friday. Based on an informal survey, it seems to be the case that people have forgotten why we call the day Black Friday. By "informal survey," of course, I mean I asked my family.