Bankruptcy Blogs

Why 'Back to Basics' Is the Right Answer to Basel

10/04/12

Basel III is nearly incomprehensible to most readers, including bank directors, managers, and analysts. Of what use is a measure no one can understand? Tangible equity capital is understood by all.

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The Daily Docket: Bakers Steps Into Bankruptcy

10/04/12

Bakers Footwear Group Inc. has filed for bankruptcy protection, The Wall Street Journal reports.

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The Financial Benefits of Bankruptcy

10/04/12

Earlier this week I wrote about the extensive data that have been made available to me by the Canadian bankruptcy regulator, the Office of the Superintendent of Bankruptcy (OSB). The main element of the database is the balance sheet from every electronically filed consumer bankruptcy in Canada from 2005 to 2010.

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Turn the gold to chrome

10/03/12

Some thoughts on the indirect costs of financial distress, over at Dealbook.

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Why Banks Should Pay Attention to How Consumers Prioritize Bills

10/03/12

The payment hierarchy is dynamic. Lenders using historical payment models to set strategy risk significant exposure on their existing loan portfolios as well as on acquisition opportunities when consumer preferences inevitably shift.

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Southern Air Files Chapter 11 Petitions for Bankruptcy in Delaware

10/03/12

On September 28, 2012, Southern Air Holdings ("Southern Air" or "Debtor"), along with various related entities, filed chapter 11 petitions in the United States Bankruptcy Court for the District of Delaware.  As stated in its Declarations in Support of Chapter 11 Petitions and First Day Relief (the "Declaration" or "Decl."), Southern Air describes itself as a "long-haul, wide-body air cargo" provider for governments and commercial users.  Decl.

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Alma Rosa Cash Flow Threatened by Bottled-up Wine

10/03/12

For California’s Alma Rosa Winery, the old saying about lemons should be tweaked to: “When life hands you bankruptcy, sell wine.”

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SEC Exemption That Fanned Crisis Remains on the Books

10/03/12

An alternative capital requirement that allowed Lehman and Bear Stearns to build up huge subprime portfolios and incur excessive leverage remains in effect for six large broker-dealers and investment banks.

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What Bankers Can Learn Walking in Underbanked's Shoes

10/03/12

Serving the unbanked requires a worldview that most industry insiders don't have, but truly need in order to innovate responsibly on behalf these consumers. Here are insights some companies have gleaned from spending a day as the underserved.

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