Expensive Loans to the Poor and Unemployed: The Subprime Specter Returns, High Finance and the Growth of High … – Center for Research on Globalization

Bankruptcy

With more than half of American consumers classified as having subprime credit scores,1 it is no surprise that subprime lending is once again on the rise. Making expensive loans to the underemployed and overextended may help fuel economic growth2; however, it is neither just nor sustainable. Dependence on higher-risk subprime loans to boost spending seems…

Book Review: Better Bankers, Better Banks: Promoting Good Business through Contractual Commitment by Claire A … – EUROPP – European Politics and Policy (blog)

Bankruptcy

In Better Bankers, Better Banks: Promoting Good Business through Contractual Commitment, Claire A. Hill and Richard W. Painter provide an account of the changes to banking that encouraged the risk-taking that became a factor in the global financial crisis, and propose a solution: covenant banking. The authors suggestion of binding bankers to contracts that encourage accountability…

Mahidol aims to have defaulting lecturer declared bankrupt – Bangkok Post

Bankruptcy

Dr Banchong Mahaisavariya, vice president of Mahidol University, speaks of the controversial scholarship defaulter at a press conference at the university in Nakhon Pathom province on Tuesday. (Photo by Chanat Katanyu) Related Stories Mahidol University will try to have a former lecturer who defaulted on a 10-million-baht state scholarship in the US declared bankrupt in…

Five Stories To Watch in the Arch Coal Bankruptcy – The Daily Score

Bankruptcy

.@ArchCoals management hopes to use bankruptcy protection to shed $4.5 billion in debt. In case you somehow missed the news, Arch Coal, North Americas second largest coal company, filed for bankruptcy a few weeks back. Archs management hopes to use bankruptcy protection to shed $4.5 billion in debtmoney that Arch borrowed from investors near the peak of the coal…

Mahidol aims to have deadbeat lecturer declared bankrupt – Bangkok Post

Bankruptcy

Dr Banchong Mahaisavariya, vice president of Mahidol University, speaks of the controversial scholarship defaulter at a press conference at the university in Nakhon Pathom province on Tuesday. (Photo by Chanat Katanyu) Related Stories Mahidol University will try to have a former lecturer who defaulted on a 10-million-baht state scholarship in the US declared bankrupt in…

Yentob and the BBC: It’s not over til the lady sings – Slipped Disc

Bankruptcy

Back February 1, 2016 by norman lebrecht The Commons Public Administration and Constitutional Affairs Committee spares no one in its report on the collapse of Kids Company: Camila Batmanghelidjh, the trustees, government ministers, the auditors and regulators. However, the heaviest criticism is for the charity trustees led by the BBCs Alan Yentob. Yentob is described…