In its acclaimed "30 for 30" series, ESPN is airing a show about professional athletes who go bust after leaving their sport. From ESPN's web site (which also has a trailer for the show): ... Read full article
The responses to my post on Scott Brown's activities as a real estate attorney make me think that I need to tee up a broader issue: the role of attorneys in the financial crisis. ... Read full article
While industry and government news releases emphasize the declining rates of delinquency and foreclosure, the declines remain agonizingly slow. Yes, serious defaults on mortgages are down from their peak in 2010. On the other hand, there have been 4.5 ... Read full article
There's no question that we at the Slips take a particular interest in the Massachusetts Senate race. But usually we don't have much to say about it. Still, something Scott Brown said today struck me as rather significant--much more so than a ... Read full article
My comments on the FHFA mortgage fee increase for NY, NJ, FL, IL and CT, here at Consumer Law & Policy. ... Read full article
As has been widely reported, the football coach of the University of Arkansas Razorbacks, John L. Smith, has filed chapter 7 bankruptcy. ESPN summarized his financial circumstances : Arkansas coach John L. Smith is trying to wipe away $25.7 million in ... Read full article
I weigh in on the possible chapter 11 implications of the many firms rushing to issue as much debt as they possibly can, over at Dealbook . ... Read full article
For those of you who read my Dealbook column last month, Alphaville provides an update . ... Read full article
The annual Federal Reserve report on Home Mortgage Disclosure Act (HMDA) data for 2011 paints a bleak picture. Despite interest rates at or below 4%, mortgage lending volume continued its four-year decline. The drop in mortgage lending was particularly ... Read full article
Although not always acknowledged expressly, exceptionalism is pervasive in bankruptcy scholarship. Some work makes no attempt to contexualize bankruptcy within the federal courts, apparently assuming its unique qualities (for example, the disinterest in ... Read full article
Brian Wolfman has an interesting post about e-Bay's new arbitration agreement with a class action opt-out. Curiously, e-Bay's arbitration agreement isn't mandatory, but it is opt-out with a limited opt-out period. Brian's take is ... Read full article
Congratulations to Credit Slips 's Adam Levitin who was just named to the Consumer Advisory Board for the Consumer Financial Protection Bureau. ... Read full article
An important post over at Dealbook (no, it's not by me) about the difference between the Volcker Rule and general TBTF regulation of SIFIs under Dodd-Frank. ... Read full article
Me, over at this place called The New York Times , on the safe harbors in the Code, again. ... Read full article
Sometimes we forget that, with all its flaws, consumer bankruptcy is still a remarkable institution, providing meaningful relief to more than two million Americans a year (counting co-debtors and dependents). ... Read full article
If I am not mistaken, it has been a while since Credit Slips has featured discussions of "bankruptcy literature." So I thought I would report that I just finished The Financial Lives of the Poets by Jess Walter , whom Janet Maslin called a ... Read full article
As regular Credit Slips readers know, our own Stephen Lubben has a Dealbook column over at this place called The New York Times . Now comes word that University of Colorado law professor Vic Fleischer has started a column at Dealbook on tax matters. ... Read full article
Unbelievable . ... Read full article
