Bankruptcy Blogs

Lessons from SEC Money Funds Standoff: If You Want Something Done, Don't Show Congress Reports About It

08/24/12

Receiving Wide Coverage ...

SEC Problems: More information is emerging on why Democratic commissioner Luis A. Aguilar decided to vote against Securities and Exchange Commission Chairman Mary Schapiro's plan to regulate money market mutual funds. Apparently, Aguilar "didn't appreciate" Schapiro's move to show Congress a report on the risks of money funds he viewed as misleading. The Journal reports Aguilar was already on the fence about the new proposal when news of the report's circulation was...

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For Small Banks, Connecting with Communities Is Crucial

08/24/12

Sponsor town festivals, youth sports and local families in need or volunteer at local charities or for community projects.

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The Daily Docket: Hostess CEO Threatens Liquidation

08/24/12
Agence France-Presse/Getty Images

The chief executive of Hostess Brands Inc.

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It's Time to Focus on Ethical Blind Spots

08/23/12

Ethics plays a significant role in a company's overall value and performance. CEOs and CFOs should be working to protect their businesses - and themselves - from violations.

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Abandoned Solyndra Tubes Are Now Art

08/23/12

Solyndra’s trash is two California artists’ treasure.

Since filing for bankruptcy protection last September, the failed solar company has abandoned thousands of the cylindrical glass tubes that made its solar panels unique (and were its namesake). Now, some of those tubes comprise an art installation in the University of California Botanical Garden in Berkeley.

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Greed, Not Government, Led Housing Market to Ruin

08/23/12

The sad reality is that an unregulated shadow financial system pushed explosive subprime loans.

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The Daily Docket: AMR Can Buy Boeing Planes

08/23/12
Associated Press
An American Airlines fleet clerk unloads a baggage can.

A judge on Wednesday said American Airlines parent AMR Corp.

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Citi to SEC: 'Tell Nasdaq to Give Back More of the Money We Lost During Facebook IPO Debacle'

08/23/12

Receiving Wide Coverage ... Citi Blasts Nasdaq About (Not Via) Facebook: Citi is so displeased with Nasdaq's plans for making up for losses caused by the fumbling of Facebook's initial public offering, it sent the Securities and Exchange Commission a 17-page letter about it. According to the Journal, Citi told the SEC Nadsaq's proposed $62 million compensation plan would cover "only a very small fraction" of its total losses. The bank is estimated to...

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Forget Swipe Fees, Credit Card Issuers Are Losing the Payments War

08/23/12

If the networks don't voluntarily implement more reasonable pricing, merchants will steer consumers to cheaper alternatives and there will soon be nothing left to fight about.

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Blunt Force: Landlord Cleared to Evict Marijuana Dispensary

08/22/12
Associated Press

It’s still not clear whether San Diego marijuana dispensary Mother Earth’s Alternative Healing Cooperative Inc.

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