Bankruptcy Blogs

Occupy Wall Street Inspires a Reimagination of Banking

11/29/11

An OWS subgroup discusses what would constitute a truly "alternative bank," how much could be borrowed from the credit union, community bank and mutual models, and how to take it several steps beyond.

[more]

The Daily Docket: AMR Flies Into Bankruptcy

11/29/11

AMR Corp., the parent company of American Airlines, filed for Chapter 11 protection Tuesday, The Wall Street Journal reports.

[more]

UPDATE -- Stern v. Marshall Amicus Briefs

11/28/11

Thank you to the Hon. Scott Clarkson for forwarding us the Order re extension of time to file Stern v. Marshall amicus briefs: Read the Order here.

[more]

Life Lessons in Losing a House

11/28/11

Socrates said that the unexamined life is not worth living, and George Santayana is attributed with having said that those who cannot remember the past are condemned to repeat it. The New York Times Bucks blogging columnist Carl Richards, a certified financial planner, wrote two weeks ago about how things went very badly for him [...]

[more]

Transfer Day Assumed Credit Unions Are Virtuous

11/28/11

The awkward truth is that we don't know nearly enough about the extent to which credit unions serve low- and moderate-income consumers.

[more]

T-Boz: CrazySexyBankrupt

11/28/11

"T-Boz ain't too proud to beg -- just like TLC sang back in the 90s -- because she's filed for bankruptcy. According to docs filed last month in U.S. Bankruptcy Court, T-Boz (real name Tionne Watkins) found herself owing creditors...

[more]

Restructuring Experts Balk At Muni Meltdown Prediction

11/28/11

Sorry, Meredith Whitney, but your prediction of hundreds of billions of dollars in municipal bond defaults will just not come to pass. So says a panel of restructuring experts, pointing to not only a lack of political will but also to legal hurdles for counties, cities and other municipal entities.

[more]

Make Small Company IPOs Easier

11/28/11

In recent years we've seen unintended consequences from the burden current regulations have put on America's biggest job creators: new public companies.

[more]

Bankruptcy Attorney Clowns Around in Macy’s Thanksgiving Parade

11/28/11
Courtesy of Chuck Tatelbaum
The breakfast clowns, including Tatelbaum, far left, and wife Kitty

Charles “Chuck” Tatelbaum’s gig as a clown in the 85th annual Macy’s Tha

[more]