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Bank Lawyers Blog 

Commentary on Banking Law
Post Frequency: 10.2/day Last Entry: March 30, 2011 at 23:38:00 Recent Entries: 946
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Stressed Out
Posted on June 03, 2009A couple of weeks ago, FinCri Advisors warned that as a result of the stress tests administered to the nation's top 19 banks, community banks should batten down the hatches, stock plenty of ammo, concertina wire, bottled water, and condoms...
Fisking a TALF Ralfer
Posted on June 02, 2009Last month, Elizabeth Warren, Harvard law professor and head of the Congressional Oversight Panel (COP) that looks over the shoulder of the Treasury Department on its various bailout programs, was busy undermining the Treasury's PPIP. According to Housing Wire's Linda...
The Glass Is Half Empty
Posted on June 01, 2009FinCri Advisor advises us that the recent federal district judge's dismissal of a lawsuit brought by the city of Cleveland against banks and investment banks (which we discussed last week) is no cause for celebration by the defendants. In the...
How To Win Friends
Posted on May 31, 2009My most recent post last Thursday evening (no longer online) hyperlinked to, and quoted from, a story in National Mortgage News. The next day, while traveling without access to my e-mail, I received an e-mail from some jerk who claimed...
Lock 'Em Up & Throw Away The Key
Posted on May 28, 2009Texas, the state that leads the nation in the number of executions each year and also the state that appears to lock up a disturbing number of innocent men, now appears to be shooting for the status of the number...
Cleveland Reeks: Part Deux
Posted on May 27, 2009Last January, when I referred to the city of Cleveland, Ohio as a "steaming heap of bat guano," I misspoke. The pile isn't "steaming," it's merely smoking. It's the mayor of Cleveland, Frank Jackson, who's steaming, most recently over a...
Pushing Papaer To No Purpose
Posted on May 26, 2009Housing Wire today ran a story that discloses additional evidence that the federal government's push to modify loans as a means to keep borrowers in their homes and, eventually, stop the downward spiral of housing prices, is working as well...
Pushing Paper To No Purpose
Posted on May 26, 2009Housing Wire today ran a story that discloses additional evidence that the federal government's push to modify loans as a means to keep borrowers in their homes and, eventually, stop the downward spiral of housing prices, is working as well...
So You Thought Being A Bank Director Was An Honor?
Posted on May 25, 2009For the past year or so, Georgia has been a hot bed of failed banks. According to an "unnamed source" within the FDIC, it's about to become the bulls-eye of FDIC target practice that seeks to score big returns to...
It's All About Leverage
Posted on May 21, 2009The problems that many smaller (and even some bigger) banks have in obtaining meaningful protection in contracts with third-party technology service providers is one near to my heart. The Tech Law Guy, Tom Hall, put up a post yesterday that...
Dodd, Payday Lending, and Credit Card "Deadbeats"
Posted on May 20, 2009Chris Dodd received kudos from consumer advocates for pushing the recent credit card reform bill through the Senate. After taking his bows, though, he must have heard the plaintive cry of his empty wallet, a cry that soon turned to...
More Stress In Store For Community Banks
Posted on May 19, 2009FinCriAdvisor claims that's what's good for the Big 19 will be great for the rest of the pack, or at least that's what they claim the federal banking regulators think. Banks nationwide should brace for a perfect storm of harsher...
Are State AGs Getting Ready To Dogpile Subprime Securitizers?
Posted on May 18, 2009A recent piece of litigation (an investigation actually, but it would likely have ripened into litigation) that settled last week seems to me to be indicative of what suits may come. A the settlement agreement entered into by Goldman Sachs...
Geithner's Growing Nose and Flammable Pants
Posted on May 17, 2009It's telling that so many observers are reacting with increasingly unbridled cynicism to every word that comes out of the mouth of Pinochio Tim Geithner. Last week's guffaw-inducer was the statement that the CPP investments that are paid back by...
Shameless Shilling
Posted on May 14, 2009I?m giving a one-hour webinar on May 28, 2009 from 12 pm to 1 pm Eastern Time on the legal risks to banks of using social media. It?s entitled ?Banks and Social Media: De-risking the Legal Risk? and is hosted...
Get On With It
Posted on May 13, 2009Private enterprise keeps trying to make a free market system work and the federal government continues to thwart such efforts through the operation of the law of life that states that if the road to hell is paved with good...
Elizabeth Warren: Back Stabbing PPIP
Posted on May 12, 2009When I stated last month that I got a kick out of Elizabeth Warren, the Harvard professor who's head of the Congressional Oversight Panel that oversees the Treasury Department's bailout programs, I should have qualified that by adding "up to...
The "Ideal/Idol" Supreme Court Justice
Posted on May 11, 2009Two Lawyers in a Pod[cast] consider who should replace Justice Souter on the U.S. Supreme Court when he retires after the end of the current term, and offer up a candidate that at first glance might not seem quite as...
Equity Derivatives: A Book Review
Posted on May 10, 2009In the five years I've been inflicting this blog upon an unwilling world, I've been asked a number of times to review books. Each time, I've refused, for a variety of reasons, most of them having to do with time,...
Watch What You Tweet
Posted on May 07, 2009Corporate "Tweeters" are a new breed of marketer. Sometimes, being cutting edge is double-edged. A recent Wall Street Journal article demonstrates how being tech-savvy doesn't mean that you're necessarily compliance-savvy. An eBay Inc. effort to broaden communication through the popular...
Safe Harbor = Trial Lawyers' Relief Act
Posted on May 06, 2009The Senate passed S 896 today which, among other things, would protect loan servicers from lawsuits by investors if the servicers modify or refinance loans to borrowers under one of the thus-far unsuccessful federal loan modification loan programs, such as...
Feds Make TARP Fly Paper Stickier
Posted on May 05, 2009Late this afternoon, The Wall Street Journal reported that one of the conditions that the federal government will place on banks that have taken a TARP CPP investment and who want to repay the investment will be to prove that...
As Always, It's Who You Know, Not What You Know
Posted on May 04, 2009FinCri Advisor released a study today that reveals either an amazing coincidence or further proof that the awarding of TARP CPP money is a process subject to the same influence-peddling as just about any other federal government program that doles...
Dick Durbin Derailed--Again
Posted on May 03, 2009Depending on which side of the political spectrum you inhabit, last week's destruction of Senator Dick Durbin's amendment to allow bankruptcy judges to cram down the value of residential real estate loans to the fair market value of the collateral...
An Infinite Number of Monkeys
Posted on April 30, 2009The Nanny State of Ohio won't quit until loan sharks make a big comeback, the kind of comeback that might lead Tony Sprano to come out of retirement. Last month, we noted that the attempt of the Ohio legislature in...
Total Recall
Posted on April 29, 2009I was going to post about something to do with banks and/or law and/or lawyers tonight, but following hard on the heels of President Obama's press conference this evening was the following brief announcement by the US Treasury Department that...
The Devil's Advocates and a Leap of Faith
Posted on April 28, 2009In what may be great examples of Supreme Court Justices playing head games with advocates, in today's oral arguments over the OCC preemption case we discussed yeasterday, Justice Ginsburg seemed to question the OCC's position and Chief Justice Roberts seemed...
National Bank Preemption: The Never-Ending Battle
Posted on April 27, 2009As the contestants gear up for tomorrow's Supreme Court arguments in the latest round of the OCC versus the states on the federal preemption of state law as it applies to national banks, the trade press is abuzz with speculation...
Social Media Marketing Legal Risk: The Bark Is Worse Than The Bite
Posted on April 26, 2009I spent a good portion of last Thursday in Las Vegas among bank marketing professionals and, as hard as it might be for some readers to believe, I found the experience refreshing. Perhaps because of what they do, but more...
A Short Break
Posted on April 21, 2009I'm on a combined business/vacation trip for the rest of the week. I'm speaking in Las Vegas on Thursday morning to a group of bank marketing professionals about the legal risks of banks using social media to market their wares....
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The Mexico Trucker Blog
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How do you recover money from a stop payment placed on a personal check given to you?
you can always take them to small claims court and sure them for 3 times the amo...
How to prove child support payments were sent by US Mail?
Your best bet is to send the checks via certified mail return receipt requested....
Some elses debt is being reported by a bank to the crecit agencies. They know and have ackowledged it is not mine, yet it is still being listed as mine. it was my son's and no I didn't co-sign. It is adversly
It is easy for the bank and the credit reporting agencies to clear this confusio...
My job requires me to drive bank deposits up to two times a day using my own vehicle and gas. Although not too far, can should I be receiving compensation? One deposit run is required daily by company policy, but the man
you should be getting a mileage comp. I own my own company and I pay my employee...
A month or so ago I was with some new people I met, and one of them asked me to cash a couple of checks he had, that he couldn't cash because he didn't have a bank account or a driver's liscence. I didn
If the call was from your bank it may mean that the checks were bad. You may hav...

How do you recover money from a stop payment placed on a personal check given to you?
you can always take them to small claims court and sure them for 3 times the amo...
How to prove child support payments were sent by US Mail?
Your best bet is to send the checks via certified mail return receipt requested....
Some elses debt is being reported by a bank to the crecit agencies. They know and have ackowledged it is not mine, yet it is still being listed as mine. it was my son's and no I didn't co-sign. It is adversly
It is easy for the bank and the credit reporting agencies to clear this confusio...
My job requires me to drive bank deposits up to two times a day using my own vehicle and gas. Although not too far, can should I be receiving compensation? One deposit run is required daily by company policy, but the man
you should be getting a mileage comp. I own my own company and I pay my employee...
A month or so ago I was with some new people I met, and one of them asked me to cash a couple of checks he had, that he couldn't cash because he didn't have a bank account or a driver's liscence. I didn
If the call was from your bank it may mean that the checks were bad. You may hav...








