securitization

Brief Recap of Major Financial Issues

06/17/11

There used to be a TV show, weekly, called appropriately "THAT WAS THE WEEK THAT WAS". It provided a satirical review of the weeks happenings - especially politics. Kind of like a fast paced, hit-a-run version of John Stewart.

[more]

Brief Recap of Major Financial Issues

06/17/11

There used to be a TV show, weekly, called appropriately "THAT WAS THE WEEK THAT WAS". It provided a satirical review of the weeks happenings - especially politics. Kind of like a fast paced, hit-a-run version of John Stewart.

[more]

Legacy Assets - Not Much Of An Inheritence

02/25/11

The Wall Street Journal in its February 5-6, 2011 edition had an article by David Benoit, entitled "BofA Sets Mortgage Cleanup Unit". The article about Bank of America was in the middle of the "B"

[more]

Legacy Assets - Not Much Of An Inheritence

02/25/11

The Wall Street Journal in its February 5-6, 2011 edition had an article by David Benoit, entitled "BofA Sets Mortgage Cleanup Unit". The article about Bank of America was in the middle of the "B"

[more]

HAMP: "You Probably Think This LAW Is About YOU!"

11/15/10

This posting's title, with apologies to Carly Simon who wrote and sung Billboard's 72nd most popular song ever, is appropriate if any of us think that the Mortgage Modi

[more]

HAMP: "You Probably Think This LAW Is About YOU!"

11/15/10

This posting's title, with apologies to Carly Simon who wrote and sung Billboard's 72nd most popular song ever, is appropriate if any of us think that the Mortgage Modi

[more]

September 17, 2010 and The Day the Music Died

10/01/10

The rock classic “American Pie” was inspired by the tragic death of three rock-n-roll greats, Buddy Holly, Ritchie Valens, and Big Bopper Richardson, in a plane crash on February 3, 1959. Don McLean famously coined the term “The Day the Music Died” to describe the event.

I was thinking about the phrase recently because there are dates and memories that get stuck in history. We remember where we were when heard that something happened. And to me a couple completely unrelated events are stuck together.

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The “Alphabet Problem” For Dummies

07/12/10

Because I am a nerdy restructuring and bankruptcy attorney, I am on a fair number of email listervs with colleagues. One recurring item in our discussions is what legendary bankruptcy attorney Max Gardner calls the “Alphabet Problem.” If you click on that link, you get a wonderful, in-depth explanation of the Alphabet Problem that Max wrote. If you are like me, though, and have a short attention span, you need a simpler explanation if you want to understand the Alphabet Problem.

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