CreditSlips

Geithner on Financial Crimes: The Dog Ate My Homework

07/25/12

If I rob a federally insured bank and make off with $20,000, I'm facing years of federal prison time. If I defraud federal insurance programs, be they FHA or Medicaid, I'm also facing years of prison. If I engage in insider trading, I could also be looking at prison time (although that's pretty rare).

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The Awesome Pari Passu Hearing

07/24/12

The Second Circuit argument in NML v. Argentina was awesome--I was at the edge of my seat the whole time. My takeaway after the hearing is that even though Argentina got the brunt of the yelling, it would be relatively straightforward for the court to rule in its favor (after yelling some more).

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Six Years and Counting

07/18/12

0110Today is the si

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What's On at a Courthouse Near You

07/17/12

In addition to a post last week broadly raising visitors' physicial interaction with courts, an earlier post discussed variation in the website availability of daily calendars for U.S. bankruptcy courtrooms.

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Repaying Debt for Law School: Federal Programs Make It Doable, Not Easy

07/16/12

The Association for Legal Career Professionals has released data on starting salaries of 2011 law school graduates, reporting a median salary of $60,000.  So how can these recent graduates afford to repay their student loans?

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Payday Loans and the Tribal Sovereignty Model

07/12/12

Think about what happens when you pit tribal sovereign immunity against effective consumer protection laws. In my view, no one wins. Yet payday lenders are now very actively seeking tribes with whom to partner, in order to get the benefits of tribal sovereign immunity.  As one might expect, the payday lenders make out big and in most cases, the tribes get very little, at least so far.

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Bankruptcy Filings Are Down -- Everywhere

07/12/12

With half the year over, there is half of the year still to go. For our few readers who might actually know the quote--yes, that is a tribute to the legendary Murray Walker. Giving our place in the calendar year, it seemed like an appropriate time to look where things stood with bankruptcy filings.

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Representation and Realities of (Bankruptcy) Court Work

07/10/12

The Yale Journal of Law and the Humanities held a symposium on "Courts: Representing and Contesting Ideologies of the Public Sphere" in 2011, and recently published papers from this event.

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