Tag: Bankruptcy

Measure a step toward preparing a new system to prevent chaotic bank failures that prompted taxpayer bailouts. (AP Photo/Mark Lennihan, file)

Bill to create section of bankruptcy code for banks advances in House

Joseph Lawler · March 29, 2017 3:20 pm

The Federal Reserve and Federal Deposit Insurance Corporation announced that the "living wills" would work and that the banks could go through bankruptcy, or at least there are no major reasons to think otherwise. (AP Photo/Paul Sakuma)

Regional banks get passing grade on their ‘living wills’

Joseph Lawler · March 24, 2017 2:22 pm

"We lost our home. My car was repossessed in the driveway," she tells Senate committee. (AP Photo/Alex Brandon)

SBA nominee McMahon’s bout with bankruptcy

Sean Higgins · January 24, 2017 6:41 pm

Corzine has to pay the fine out of his own pocket to resolve the long-running probe. (AP Photo/Susan Walsh,File)

Regulators fine former NJ governor Corzine $5 million in bankruptcy case

Joseph Lawler · January 5, 2017 6:39 pm

As Goes Puerto Rico So Go the States?

Ike Brannon · October 10, 2016 1:01 pm

One of the principal tasks of the board will likely be restructuring the island's $70 billion in outstanding debt. (AP Photo/Ricardo Arduengo, File)

Obama announces picks for Puerto Rico oversight board

Susan Ferrechio · August 31, 2016 6:39 pm

"In the event of default, and if creditor lawsuits are successful, a judge could immediately order Puerto Rico to pay creditors over essential services such as health, education, and public safety," Treasury Secretary Jack Lew wrote. (AP Photo/Carlos Giusti, File)

Treasury: Crisis in Puerto Rico if Senate fails to pass bill by Friday

Gabriella Ciuffetelli · June 27, 2016 4:17 pm

The legislative language fleshes out the outline already introduced by the Financial Services Committee and its chairman, Jeb Hensarling. (AP Photo)

GOP releases text for Dodd-Frank replacement

Joseph Lawler · June 23, 2016 10:28 pm

Federal Reserve Chairwoman Janet Yellen said that banks will face the possibility of tougher requirements if they have not fixed the shortcomings in their "living wills" by October. (Graeme Jennings/Examiner)

Yellen warns banks: ‘There will be consequences’ after October deadline

Joseph Lawler · June 21, 2016 4:10 pm

Watch: Warren damned Clinton for selling out

Anna Giaritelli · June 10, 2016 4:01 am

If we act now, we can prevent a Puerto Rico bailout and end the crisis. (Erika P. Rodriguez/Bloomberg, File)

Congress must pass PROMESA to protect American taxpayers

Speaker Paul Ryan · June 9, 2016 4:03 am

FDIC Chairman Martin Gruenberg says megabanks whose living wills have been rejected will have a chance to fix them. (Drew Angerer/Bloomberg)

Regulator promises banks ‘full and fair’ hearing on living wills

Joseph Lawler · June 1, 2016 3:53 pm