Corporate Justice Blog
Friday, October 29, 2010

War On . . . Symposium

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The Journal of Gender, Race & Justice is now calling for papers for its 15 th anniversary symposium. The symposium , “War on: The Fa...
Thursday, October 28, 2010

Time to Fire-up the Dodd-Frank Orderly Liquidation Authority

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Even before the lawlessness of the banks caused the mortgage morass , the megabank sector seemed inadequately capitalized . In late Augu...
2 comments:
Wednesday, October 27, 2010

The Greatest Election Issue Never Discussed: What to do with Insolvent Megabanks?

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The above chart shows that Bank of America stock swooned in mid-October after getting hammered over the last six months. The stock (like th...
5 comments:
Tuesday, October 26, 2010

Dodging Fence Posts and Whacking Moles

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Earlier this year, Bill Maher invited Elizabeth Warren, the new Chair of the Consumer Financial protection Bureau ( much to the dismay of Re...
11 comments:
Sunday, October 24, 2010

The Banks Lost the Notes: This is no Joke!

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What kind of banker loses promissory notes? " A damn careless one ," according to Law Professor Douglas Whaley, who spent 40 year...
14 comments:
Friday, October 22, 2010

SEC Smacks Angelo Mozilo with 67.5 Million Fine

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Just four days before Angelo Mozilo’s securities fraud and insider trading trial was to begin in Los Angeles, the former CEO of now-defunct ...
10 comments:
Thursday, October 21, 2010

The Federal Reserve We Need

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Professor Timothy Canova has recently published “ The Federal Reserve We Need ” in The American Prospect . Therein, Professor Canova detail...
2 comments:
Wednesday, October 20, 2010

Is A Mortgage Bond Meltdown Imminent?

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The above charts show that our mega-banks suffer from higher perceived risk of default, as the market prices of credit protection have soare...
4 comments:
Monday, October 18, 2010

MERS Madness!

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What is MERS? According to Professor Christopher Peterson , over 60 percent of all American mortgages are recorded in the name of MERS, even...
7 comments:
Saturday, October 16, 2010

Ruminations on Robo-signing and Our Corrupt Financial Elite

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Every American should be outraged by the subversion of middle class property rights now underway in courthouses across America where massi...
5 comments:
Wednesday, October 13, 2010

Trouble with Foreclosures Intensifies: "Where Were all The Lawyers?"

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For some time, there have been signs of trouble with real estate foreclosures because issuers of securitizations apparently failed to assure...
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