The Supreme Court ruled today in Collins v. Yellen , a case brought by Fannie Mae and Freddie Mac preferred shareholders that challenged both the constitutionality of the FHFA Director's appointment and the 2012 amendment to Treasury's stock ... Read full article
I suspect that slipsters already know about this podcast. But, just in case any of you have not, I wanted to flag Promises, Promises by Dave Hoffman and Tess Wilkinson-Ryan. This is especially wonderful if you are teaching contract law via zoom this ... Read full article
Today is the last day of National Financial Literacy Month. At a time when the economy has come to a grinding halt, it seems pertinent to talk about financial literacy, or, more accurately, the fallacy of financial education . ... Read full article
Over the past few days, I've been struggling with trying to understand a new NY case involving secured debt. ... Read full article
If you have kids who talk as much as mine (gee, wonder where they picked up loquacity as a trait), conversations can go nearly anywhere. My boys, ages 9 and 6, are quite interested in money lately, a phenomenon driven in part by the tooth fairy and their ... Read full article
How is it that I never find the time to blog? My answer would be that I simply do not have the time. But of course I have the same hours in a day as my co-bloggers. I could argue that I have more demands on my time, but I know very well that we are all ... Read full article
Credit Slips is a virtual community so very few of you know that I go to Starbucks at least once a day, although a small detail in the pic here was a hint in that direction. ... Read full article
"Make ... Read full article
As Lauren's work has detailed, there's a veritable financial literacy industry in the United States. The CFPB is even charged with undertaking certain financial literacy initiatives. As it turns out Singapore is a full decade ahead of us on ... Read full article
It’s National Consumer Protection Week (NCPW)! Federal, state, local, and nonprofit consumer protection agencies and organizations are making extra efforts to promote consumer awareness . First I have to get out of my system thoughts of Tom Lehrer’s ... Read full article
What if, instead of making the consumer smarter or the disclosures more comprehensible, as discussed in my last several posts, we made financial product disclosures smarter? ... Read full article
Given the limitations of Disclosure 2.0 and Disclosure 2.5 I described in my last posts, what is to be done? To answer this question, we might first ask what financial product disclosure is attempting to achieve. Although disclosure has several aims, one ... Read full article
If financial education classes and lab-tested disclosures are unlikely to help consumers in their real-world financial decisions, what about field-tested targeted education/disclosure? Exciting work by Marianne Bertrand and Adair Morse shows that ... Read full article
Thank you to the Credit Slips team for inviting me to guest blog. First I must warn the reader that I am not a real blogger (I’m a bit of a Luddite - I don’t even have a smartphone). But I’m going to join the 21st Century for a bit here. Over the next ... Read full article
