(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
Bank Lawyers Blog 

Commentary on Banking Law
Post Frequency: 10.2/day Last Entry: March 30, 2011 at 23:38:00 Recent Entries: 946
Go to Bank Lawyers Blog, find other Banking Law blogs, or browse all law blogs.
The Bailout's "Pacman Effect"
Posted on November 03, 2008In response to carping by Barney Frank, Chuck Schumer, and a host of others about banks who receive capital infusions from the US Treasury and then use the capital for purposes other than lending (such as the acquisition of other...
The Never-Ending Rewrite
Posted on November 02, 2008I realize that the tin foil hat wearing Dennis Kucinich had yet to open his mouth to let the moonbats fly out when Texas-based Frost Bank announced last week that it would not participate in the federal government's handout of...
Thanks, But No Thanks
Posted on October 31, 2008In what might very well turn out to be an extremely smart move, Texas-based Frost bank tells the US Treasury Department that it will pass on the handouts.The parent company of Frost Bank won?t attempt to get a piece of...
Caveat Emptor
Posted on October 29, 2008For those who are hot to get in line to buy from the US government bad assets that the government will buy from banks and sell back to private investors, former Arnold & Porter partner Edward Sisson has some advice:...
Red Flags In Place?
Posted on October 28, 2008Occasionally, I like to point those readers who are in-house counsel or private practitioners and who represent financial institutions to a useful publication that's available on-line from another law firm. Ordinarily, I'd make a snarky, self-deprecating comment at this point;...
The Wacky World of Bank Law Blogging
Posted on October 27, 2008Every once in awhile, I have to step back and wonder whether the creative (and often, emotional) release of spending an hour a day pounding out semi-snarky blog posts instead of ogling scantily-clad female hoofers on "Dancing With The Stars"...
To Every Day, Spin, Spin, Spin
Posted on October 26, 2008I recently asked a friend of mine, a D.C. "insider" at one of the national law firms who's one of the "go to" guys when the American Banker or another trade rag needs a quick quote for the latest breathless...
Feel My French Fist of Fury, Hacker-Pig!
Posted on October 23, 2008From Monty Python and the Holy Grail:King Arthur: Go and tell your master that we have been charged by God with a sacred quest. If he will give us food and shelter for the night, he can join us in...
Look At Me, Ma! I Gotta Brand New Practice Group!
Posted on October 22, 2008While the world teeters on the precipice of financial ruin, the legal profession-at least in the good old U.S. of A.-revs up its engine of avarice and guns for the finish line that all men of good will and charitable...
Barely Bair-able Backstabbing
Posted on October 21, 2008Via the San Antonio Business Journal come excerpts from an affidavit filed in the litigation between Wachovia and Citigroup over the failed attempt by Citi to take Wachovia off the outstretched hands of the FDIC, excerpts that show what we...
Bailout Recapitalization Program: Will It Be Boom Or Bust?
Posted on October 20, 2008It's funny how your perspective changes, depending on whether you're on the inside looking out or on the outside looking in.Today, Secretary of the Treasury Henry Paulson claimed that banks from all sides were beating down his door to get...
Countrywide Condemned For Blacklisting...Again
Posted on October 19, 2008The hits just keep on comin' for Countrywide, don't they?A group of appraisers in Idaho filed a class-action lawsuit Thursday against Countrywide Financial Corp. ??? Now, Bank of America Corp..., after its recent acquisition ??? claiming the company used ???strong-arming...
Blessed Are The Lawyers
Posted on October 16, 2008We've previously yapped about all the litigation generated by the subprime mortgage meltdown, and how trial lawyers are in a feeding frenzy as a result. Now it appears that law firms, especially the large ones, are gearing up for yet...
More Moronic Moratorium Maneuvering
Posted on October 15, 2008Chris Dodd is on board with his feckless leader in calling for a federally-mandated 90-day foreclosure moratorium. Dodd spoke at the annual conference of the Connecticut Housing Coalition in Hartford. He said people facing foreclosure deserve a time-out from the...
No Honor Among Thieves
Posted on October 14, 2008As the litigation between Citigroup, Wachovia and Wells Fargo drones on, it has become clear that Section 126(c) of the recently passed Emergency Economic Stabilization Act of 2008 is going to present a substantial obstacle to Citigroup's recovering jack squat,...
The Grim Reaper Continues His Harvest
Posted on October 13, 2008Last Friday, while many bankers were hightailing it to the hinterlands for one of those three-day weekends that everyone loves to "gig" bankers (and government workers) about, the FDIC was busy behind the scenes shutting down two more banks. They...
Phisermen Take Advantage Of Bank Mergers
Posted on October 09, 2008According to Ben Worthen at The Wall Street Journal's Business Technology Blog, the recent surge in bank mergers has been accompanied by a commensurate surge in "phishing" attacks by cybercrooks. If you want to see one way the mess on...
Community Banks On The Bailout: What's In It For Us?
Posted on October 09, 2008What I'm hearing from community bankers and their legal counsel is echoed by the following comment of William Dunkelberg, the Chief Economist for the National Federation of Independent Business, when asked what the recently-passed federal plan to buy toxic loans...
Kicking Around The OTS
Posted on October 08, 2008This public flogging is only the beginning (hat tip to a regular West Coast reader who prefers anonymity). The Los Angeles Times took off after Darrell Dochow, the Director of the Western Regional Office of the Office of Thrift Supervision,...
Yet More Wrinkles In The Wachovia Sale Litigation
Posted on October 07, 2008Can you imagine being an employee of Wachovia for the past week or two? How much work do you think is being accomplished, when employees don't know who's buying their bank, whether it will be a whole bank purchase or...
Deep Thoughts (And Not By Jack Handy)
Posted on October 06, 2008Of all the places you???d least expect to find some of the most cogent comments on the "bailout" legislation, perhaps the blog of the conservative Catholic magazine "First Things" might be the winner. Today, in a post entitled "A Car...
Double Take
Posted on October 05, 2008Many of us who practice banking law had a "WTF?" moment Friday morning when we read that Wachovia had spurned what was announced as a done deal to sell itself (or, at least, its commercial bank) to Citigroup, and had...
No Matter How Hopeless, Fight On
Posted on October 02, 2008The opponents of tax anticipation loans are not giving up their fight (paid subscription required) to restrict those loans, notwithstanding the recent ruling of the US Sixth Circuit Court of Appeals that held that state laws that limit tax preparers....
OTS: The End of Days?
Posted on October 01, 200828 months ago, when Wachovia bought Golden West Financial, many predicted that if Wachovia dumped the thrift charter, the OTS would soon be out of business. I thought at the time that Wachovia would keep the thrift charter and they...
The Burn/Fiddle Conundrum
Posted on September 30, 2008The Democrats planned to fiddle while Rome burned. The Republicans were going to burn Rome, then fiddle.--P.J. O'Rourke, Parliament of Whores. A friend of mine is an ex-US bank regulator who was heavily involved in the resolution of the thrift...
The Eternal Lessons of the Current Credit Crisis
Posted on September 29, 2008There was an interesting juxtaposition of articles in yesterday's Dallas Morning News. Business columnistCheryl Hall worried that the latest bailout might make the same :mistake" that she alleges the RTC made: selling assets at too low a price, and allowing...
The Beating Goes On (and on and on and on...)
Posted on September 28, 2008Unfortunately, it's time to post this again: I used to have post this only once every six-to-twelve months. Now, it appears I'll have to do it every three-to-four months. Eventually, I'll have to do it weekly. The deluge of requests...
No Mas Hate-for-Sale!
Posted on September 25, 2008While many of us thumb-suckers have been spewing spittle all over our keyboards about the "nucular" disaster scenario of a constipated financial system bursting a bowel, a far more dangerous economic meltdown has been relegated to the back pages. Thank...
The No Longer Preferred Preferred Stock
Posted on September 24, 2008Lately, there's been whining and sniveling from some corners of the commercial banking sector about the write down of Freddie Mac and Fannie Mae preferred stock as a result of the federal takeover of those political contribution ATMs stalwarts of...
A Small Distraction
Posted on September 23, 2008Those who complain of the slow pace of national bank regulators to deal with problem institutions they regulate have been slow to react to the FDIC's seizure of Ameribank, Inc. of Norfolk, West Virginia last Friday. Perhaps they were distracted...
Previous | Next
Medical Malpractice: Your Case Is On The Trial Calendar-Can Defense Lawyers Talk to Your Doctor?
Your New York attorney has notified the Court that your case is re...
Lawyers Work To Free Palestinian Family
On September 30, 2001, a Palestinian family, the Ibrahims, entered...
Holiday Gift Guide For Lawyers
My friend Reid Trautz is is the Director of the American Immigrati...
New Baptist Covenant Blog
Last week, I pointed to the New Baptist Convenant website, now onl...
The Mexico Trucker Blog
I've written before about the perceived problems with relaxed rest...
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...








