Relevant:
- Lehman Brothers to file for bankruptcy
- CONSUMER BANKRUPTCY FILINGS REACH HIGHEST MONTHLY TOTAL SINCE 2005 BANKRUPTCY LAW OVERHAUL
- 3 Months After The MF Global Bankruptcy, We Find That $1.2 Billion (Or More) In Client Money Has "Vaporized"
- Judge Rakoff Limits Madoff Clawbacks To "Protect Securities Market" - Despite Lack of Real Trades
- Personal Bankruptcies Soar; Cram-Down Bill Nears Deal
2012-05-09 — institutionalriskanalytics.com
In this issue of The Institutional Risk Analyst, we return to the Lehman Brothers, Madoff and MF Global bankruptcies to talk about how the largest banks have wired US bankruptcy laws to their own advantage. Specifically, the 2005 changes to the bankruptcy code, combined with the traditional American caution regarding pre-judgement restraint on the parties surrounding a bankruptcy, has provided American banks with a free pass to facilitate fraud with no accountability
original article |
permalink to this page |
forum thread |
|
RSS |
Subscribe by email! 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
|
FreeRateUpate.com Mortgage Rates
|
