News Topic: CreditSlips

Twice now the New York Times has reported on a mysterious company in Arkansas, Acxiom, that has been collecting endless data on all of us but no one is entirely sure what they have or why they have it.  This is why neither NYT story makes perfect sense.  ... Read full article

The SEC enters into another rounding error settlement with a financial insitution, this time Wells Fargo . ... Read full article

Professor Peter Holland (U Maryland Law) has written a fantastic paper  explaining in great detail how to defend against a debt-buyer-lawsuit, and possibly recover for Fair Debt Collection Practices Violations as well. ... Read full article

Bill Bratton and I have a new paper out , called A Transactional Genealogy of Scandal:  from Michael Milken to Enron to Goldman Sachs. ... Read full article

I generally try to avoid politics on this blog, although readers know that I was generally supportive of the Administration's approach to the auto bankruptcies . You can critize the overuse of 363 sales, but the auto cases were not particularly ... Read full article

One more scholarly paper note....The AALS sections on Poverty Law and Clinical Legal Education will sponsor a joint program on January 5, 2013 at the AALS Annual Meeting, entitled The Debt Crisis and the National Response: Big Changes or Tinkering at the ... Read full article

For readers putting together course syllabi in the bankruptcy area, this post is just a reminder that my able research assistant, Scott Cromar, and I put together ePub and Kindle versions of the Bankruptcy Code and Federal Rules of Bankruptcy Procedure. ... Read full article

One of our recent grads tells me that the recent Texas bar exam had a question on bankruptcy law. That got me wondering how many states test bankruptcy law on their bar exam. Two minutes of searching around on Google did not reveal any others, but by then ... Read full article

The legal ... Read full article

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Hello Scholars! The AALS Section on Securities Regulation and the Section of Financial Institutions & Consumer Financial Services are sponsoring a Call for Papers for their joint program on Friday, January 4th at the AALS 2013 Annual Meeting in New ... Read full article

Back in April, I posted about Minnesota Attorney General Lori Swanson investigating allegations that Accretive Health Care aggressively collected debts from hospital patients. These allegations included claims that Accreive was obtaining payments from ... Read full article

Tell me.  Are we allowed to do anything we like to those with the least power and money in our society? Are there no limits? We know that in some states, private actors have been permitted to charge 500-1,000% for loans, but what about public actors? Can ... Read full article

From the the second volumn of J.F. Molloy, Court Life Below Stairs (rev ed. 1885), regarding events after the death of George III's spouse, Queen Charlotte : ... Read full article

The English High Court just ruled in Assenagon Asset Management S.A. v. Irish Bank Resolution Corporation Limited (formerly Anglo Irish Bank ) that a popular technique used to pressure bondholders to participate in a debt restructuring, as deployed by ... Read full article

Matthew Yglesias has a fantastic piece about the Barofsky-Geithner proxy debate on the financial crisis.  Read it here . The only thing I would add is to note how this same debate continued through the mortgage servicing scandal and the debate over the ... Read full article

A heads up regarding the latest in Visa fraud. Royal Bank received this communication about the newest scam. This is hitting the midwest with a vengance and moving. The trick here is that they provide YOU with all the information, except the one piece ... Read full article

On-line lenders who are not tribal or offshore claim that they need the same lack of oversight that the tribal and onshore on-line lenders are getting. Otherwise, it isn’t fair to them.  Hmmm….. Fairness is as fairness does. Keep in mind that these on- ... Read full article