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Executives point out while they are fixing the online lender's very public problems, loan originations are still in the billions and it has expanded into wealth management.

There’s nothing like a little humor to lighten up a conference about bankruptcy.

Last week’s American Bankruptcy Institute conference—the country’s largest gathering of restructuring professionals—kept it goofy by challenging attendees to a Twitter contest.

The rules? Post creative phrases that incorporate two words that are spoken frequently within the industry: cramdown and discharge. (Yes, we thought the same thing. The contest rules noted that entries should be “tasteful.”)

There’s nothing like a little humor to lighten up a conference about bankruptcy.

Last week’s American Bankruptcy Institute conference—the country’s largest gathering of restructuring professionals—kept it goofy by challenging attendees to a Twitter contest.

The rules? Post creative phrases that incorporate two words that are spoken frequently within the industry: cramdown and discharge. (Yes, we thought the same thing. The contest rules noted that entries should be “tasteful.”)

BBC News reported a couple of months ago about a British court allowing service of a court order using Twitter. Twitter is, for those who do not yet know, an on-line network allowing users to post short messages that are then broadcast to a list of subscribers. In the particular case, a political blogger named Donal Blarney sought an order enjoining another user of the Twitter service. Because the target of the court injunction had not yet actually been identified, the court allowed the injunction to be served via a posting on Twitter.