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In recent years, there’s been a small genre of left-of-center journalism that, following President Obama’s lead , endeavors to prove that things on Planet Earth are not just going well, but have, in fact, never been better . This is an inherently subjective claim, of course; it requires that one buy into the idea of human progress , for one thing....

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Senator Warren has written a pretty stinging rebuke of the ineffectiveness of Mary Jo White as SEC Chair. The take-away from Senator Warren's letter is that it's time for MJW to go: the SEC needs new and effective leadership. The SEC was asleep at the switch during the lead-up to the financial crisis and its post-crisis performance has been less...

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Yves here. Das published this post in February and I thought it would be useful to reprise it for three reasons. First, it has held up well to the passage of time. Second, for latecomers to the Greek saga, it summarizes the background, the stances of the parties, and key economic and financial considerations. Third, the section starting...
Tuesday, 02 June 2015 |

301 Moved Permanently

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There can be little doubt Nortel wins the title for the cross-border insolvency case of the young century. Not only is it a huge case (US$7B or so), but as I noted in my last post it has established several milestones, including a joint televised trial in Toronto and New York and a common result in the two courts. Even more important are the...

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The Supreme Court ruled unanimously in favor of Bank of America in Caulkett v. Bank of America. Basically the Court found itself bound by its previous decision in Dewsnup and didn't think that any of the distinctions presented (by yours truly among others) between Dewsnup and Caulkett were compelling. I continue...

Monday, 01 June 2015 |

Rent-to-Own Hair Weaves

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Apparently there is a business of rent-to-own hair weaves.  As a bald man, this is of particular interest. Below is a description of some of the program:

Please use our purchase program. The owners of this website or The Weave Loan Store/Weave Loans is not a lender Approval will vary based on credit determination and...
Thursday, 28 May 2015 |

301 Moved Permanently

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SEC Chairman Mary Jo White is caught out at her corporate crony tricks yet again....
Tuesday, 26 May 2015 |

301 Moved Permanently

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