Bankruptcy Blogs

How to Avoid Bankruptcy

04/26/12

I’m Deep in Debt, How Can I Avoid Bankruptcy? Let’s face it, no one wants to file for bankruptcy, however, in certain circumstances bankruptcy is the best solution for dealing with debt that has gotten of control.  In this post, we’ll provide some helpful tips for those of you who are dead set on avoiding [...]

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The Daily Docket: AMR Adviser Says Stakeholders May Want Merger

04/26/12

Echoing Tuesday’s opinion by the parent of America Airlines’ chief restructuring officer, a restructuring adviser to AMR Corp. said drastic cuts in labor costs are needed. Managing Director David L. Resnick also said the company’s stakeholders will probably want it to explore consolidating with a rival airline after it emerges from bankruptcy.

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Eliminate All Incentive Compensation

04/26/12

It is time for us to completely reconsider compensation for banking executives. Let's "blow up" the incentive model and replace it with a system rooted entirely in base pay.

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Why Is Every Dissenting Credit Union a Story?

04/25/12

CUNA has tracked at least 60,000 contacts to Congress since late March from credit unions, small businesses and others in support of the Credit Union Small Business Jobs Act.

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What Facebook Really Wants from Payments

04/25/12

The social network just wants to know everything about the consumer. Payments happen to be the best way for people to show they really "like" a product.

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The Student Loan Tax

04/25/12

As student loan debt passed the $1 trillion mark, President Obama, speaking at Chapel Hill yesterday, called the upcoming interest rate hike on student loans a tax.  He didn’t tell the half of it.  Congress’ dirty secret is that the government makes a huge annual profit on student loans.   According to the scrupulously nonpartisan Congressional Budget Office,

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Onion Company’s President Cries Out Against Lender

04/25/12
Associated Press

Select Onion Co.’s recent bankruptcy left three million pounds of onions in Oregon to sweat over their fate.

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Citigroup Say-on-Pay Rejection Is a One-Off Event, Sadly

04/25/12

Most shareholders are not activists. Relatively few voice displeasure over executive pay, or other issues such as reappointment of ineffective audit firms. About the only thing they do wake up for is to complain about poor dividends.

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