Wed 2009-04-01 00:00 EDT
Wall Street on the Tundra | vanityfair.com
Wall Street on the Tundra, by Michael Lewis | vanityfair.com; Iceland's de facto bankruptcy; ``Iceland is no longer a country. It is a hedge fund.''
bankruptcy Topic in The Credit Debacle Catalog
Thu 2009-02-26 00:00 EST
Bankrupted by a pact of Gordon Brown | Columnists | News Of The World
Bankrupted by a pact of Gordon Brown, by Nelson Fraser | Columnists | News Of The World; Britain risking bankruptcy due to ``unholy alliance between politicians and bankers''
Tue 2009-02-24 00:00 EST
Jesse's Café Américain: When Will the Wall Street Money Center Banks Be Nationalized?
Jesse's Café Américain: When Will the Wall Street Money Center Banks Be Nationalized? "Most of the big banks need to be put into some form of bankruptcy and recapitalized, and I think everybody understands that." Ken Rogoff
Jesse's Café Américain; nation; Wall Street money center banks.
Thu 2009-01-15 00:00 EST
The Institutional Risk Analyst: On the Prime Solution: Interview with Eric Hovde
The Prime Solution: Interview with Eric Hovde, by The Institutional Risk Analyst (IRA); ``he manifest statist, anti-market tendencies of Ben Bernanke and Tim Geithner should disqualify both of these men from future roles in the economic rebuilding effort''; FICO demise predicted; ``There isn't going to be any [real estate] development in New York once the current projects are complete. Nothing.''; Bear, AIG should all have been put into bankruptcy; ``the same economic team that lit this fuse and let this fuse go 12 years ago is now about to come back into power...It is stunning to me that we are not seeing a wholesale switch-out of these Goldman Sachs participants or their protégés''
Eric Hovde; Institutional Risk Analyst; interview; Prime Solution.
Thu 2009-01-15 00:00 EST
SSRN-Looting: The Economic Underworld of Bankruptcy for Profit by George Akerlof, Paul Romer
Looting: The Economic Underworld of Bankruptcy for Profit, by George A. Akerlog and Paul M. Rojer (1994)
bankruptcy; Economic Underworld; George Akerlof; Paul Romer; profits; SSRN-Looting.
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Too Big to Fail, Too Well-Connected to Jail: The Economic Underworld of Bankruptcy for Profit
Jesse's Café Américain: Too Big to Fail, Too Well-Connected to Jail: The Economic Underworld of Bankruptcy for Profit; ``Bankruptcy for profit will occur if poor accounting, lax regulation, or low penalties for abuse give owners an incentive to pay themselves more than their firms are worth and then default on their debt obligations.'' Akerlof and Romer; Yves Smith
bankruptcy; big; Economic Underworld; fail; jailed; Jesse's Café Américain; profits; well connections.
Sun 2008-11-23 00:00 EST
Skeptical CPA: Bust-outs and the Paulson Mob
Fri 2008-11-07 00:00 EST
SSRN-Looting: The Economic Underworld of Bankruptcy for Profit by George Akerlof, Paul Romer
(1994); ``Bankruptcy for profit will occur if poor accounting, lax regulation, or low penalties for abuse give owners an incentive to pay themselves more than their firms are worth and then default on their debt obligations.''
bankruptcy; Economic Underworld; George Akerlof; Paul Romer; profits; SSRN-Looting.
Fri 2008-11-07 00:00 EST
Jesse's Café Américain: Marc Faber Sees Bankruptcy for the US
Jesse's Café Américain: Marc Faber Sees Bankruptcy for the US
Mon 2008-11-03 00:00 EST
naked capitalism: Bankruptcies and Plant Closings Rising in China
Tue 2008-08-26 00:00 EDT
The Credit Default Swap Market - Will It Unravel?
by Satyajit Das (Prudent Bear); 2008-03-04; "CDS contracts may create incentives for creditors to push troubled companies into bankruptcy"