Bankruptcy Blogs

BLOG OF THE DAY: Why Not Just Let Money Market Funds Fail?

02/08/12

Rather than try to make money market funds safer, David Merkel essentially wants everyone to recognize and admit and deal with the reality that they aren't safe.

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Inmates Seek to Advance Lawsuit Against Jefferson County

02/08/12
Bloomberg News
Three inmates share a cell designed for one person at the Jefferson County Jail in Birmingham on Oct.
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Payment Protection Plans

02/08/12

We have not talked a lot about payment protection plans, those great deals where the bank agrees to pay your credit card balance in the event of disability or death in exchange for premiums. They are great for the banks.

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FDIC Stuck in Crisis Mode, Hurting Banks' Recovery

02/08/12

In an improving economy, many of the policies and procedures that were imposed on banks in 2008 have become counterproductive, and are hurting rather than helping the industry.

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The Daily Docket: Saab to Enter Chapter 11

02/08/12

Saab Cars North America said it will file for Chapter 11 protection in Michigan, a move that comes a little more than a week after some of its dealerships sought to push the Swedish auto maker’s U.S. unit into bankruptcy proceedings in Delaware. Read the Daily Bankruptcy Review article here.

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The World’s Worst Ever Sellout – Is Your State In?

02/08/12

Over 40 states have already signed on to the sellout deal the corrupt politicians negotiated, so they could run for office beating their chests bragging about their tremendous accomplishment, with their mortgage company liege lords, who should have already started their prison terms, to get them off the hook for the greatest financial crimes in our history.

Just in case you wonder where I stand.

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From Brussels to Beijing, Regulators Block Open Payment Networks

02/07/12

Across the globe governments are increasingly regulating payment networks as public utilities, limiting fees and access to markets.

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Freddie's Hedging Is Healthy

02/07/12

A considerable amount of energy has been spent linking Freddie Mac's use of an arcane set of derivatives to some sinister plot. The facts of the situation appear to have been blown well out of proportion.

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Low Threshold Adopted for “Participation” Sufficient to Bind a Creditor to a Chapter 11 Plan

02/07/12

By: Jonathan Weiss

St. John’s Law Student

American Bankruptcy Institute Law Review Staff 

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