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What BTD did was shine a bright light on two stark facts: the economic downturn has left fewer high-value customers to compete for, and it left some institutions in better condition than others to compete for them.

Bankers drew the wrong conclusions from years of only insignificant losses resulting from poor liquidity risk management.

Chapter 12 farm bankruptcy helps family farmers to keep their farms.  It allows family farmers to reorganize their finances and operations. Chapter 12 was originally enacted by Congress in 1986, and was made permanent in 2005.  It helps the farmer and the banker to sit down and work out alternatives for debt repayment. But according to [...]

On December 23, 2011, President Obama signed into law HR 3765, the Temporary Payroll Tax Cut Continuation Act of 2011, extending the current 4.2% Social Security Old-Age, Survivors, and Disability Insurance (OASDI) tax rate for employees to wages paid between...