ABI Best of Bankrupty Blogs
Blogs.abi.org


  • How to cope with higher mortgage rates
    You're not helpless in the face of rising mortgage rates. Here are some of your options.

  • CD rates from risky banks
    Investors can find higher CD rates at banks with low Safe & Sound Ratings, but should they invest?

  • Judge Chief Risk Officers by Their Paychecks
    Michael Stockman and Michael Roseman may have had the same title at MF Global, but their testimony highlighted distinct differences in actual roles, responsibilities and perspectives. And salary.

  • The Broke and the Beautiful: Kodak Edition

    This week on The Broke and the Beautiful, Kodak wants to pull its name from Hollywood’s Kodak Theatre, and actress Debbie Reynolds is writing a new memoir. Also, “30 Rock” star Tracy Morgan’s mom is facing foreclosure.

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  • Judge Blasts IndyMac Phrase Turner
    Associated Press

    A federal judge in Los Angeles doesn’t think much of the literary abilities of a defense lawyer for two former IndyMac officials being sued by the Federal Deposit Insurance Corp.

    Judge Dale S. Fischer of the U.S. District Court in Los Angeles blasted what she called Paul Hastings lawyer Kirby Behre’s overzealous and “somewhat annoying” legal filings.

    “I don’t know whether you stay up nights trying to think of clever phrases, but trust me, no judge that I’ve ever spoken to has ever said, ‘Boy, can that guy turn a phrase.’ They only say, ‘Boy, why didn’t he get to the point.’ So, please, in future pleadings, remember that,” Fischer said at a hearing Monday.

    You can read the entire transcript here (h/t dandodiary.com).

    Behre represents IndyMac executives Kenneth Shellem and Richard Koon, who say the FDIC failed to collect and preserve documents and emails after taking receivership of IndyMac following the bank’s 2008 collapse, leaving the pair handicapped in mounting their defense.

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