Corporate Justice Blog
Tuesday, November 30, 2010

Shutting Down the Big Banks

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Economists William Black and Randall Wray argue that several big banks should be foreclosed on, starting with Bank of America, for engaging ...
1 comment:
Tuesday, November 23, 2010

Are the Megabanks Insolvent?

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Three trillion dollars in uninsured mortgage exposure? Nine hundred billion in home equity loans (probably better termed no-equity loans)? P...
Friday, November 19, 2010

Can All The King's Men Put MERS Back Together Again?

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If I weren't crying so much about the doings of the lame duck Congress I would bust out laughing (or maybe its vice versa). Nowhere do...
5 comments:
Tuesday, November 16, 2010

COP on Foreclosure Crisis and Bank Solvency: "Severe Threats Remain"

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The TARP Congressional Oversight Panel (COP) today released " Examining the Consequences of Mortgage Irregularities for Financial Stabi...
6 comments:
Thursday, November 11, 2010

Does the Use of MERS Constitute Consumer Fraud?

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One major issue facing those hoping for a federal solution (aka yet another bank bailout) to the MERS controversy is the fact that MERS imp...
8 comments:
Tuesday, November 9, 2010

Citizens United and the 2010 Mid-term Election

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With the 2010 mid-term election in the rear view mirror, the impact of Citizens United can now be practically assessed. For those that spen...
14 comments:
Sunday, November 7, 2010

Prof. Christopher Peterson (and myself) Will Present a Webcast on the Mortgage Morass Tomorrow

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As I previously emphasized , Professor Christopher Peterson recently posted an outstanding update to his outstanding law review article in ...
1 comment:
Monday, November 1, 2010

THE GREAT DESTABILIZATION OF US PROPERTY RIGHTS AND THE "ELECTION" OF 2010

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For purposes of this blog post let us assume that the election tomorrow is irrelevant. Let's assume that whether the Democrats win or th...
9 comments:
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:
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