Bank Lawyer’s Blog

Recent Posts from Bank Lawyer’s Blog


  • "Due Care" and the Benefit of 20/20 Hindsight

    Well over four years ago, before the subprime mortgage meltdown caused all our economic dominoes to tumble one into the other, leaving us wallowing in the current morass, I wrote a brief post about an…

  • Another Day of Progress in D.C.

    Whatever Mark Zandi's smoking, I want a toke. Testifying today before the Congressional Oversight Panel that "oversees" the Treasury Department's TARP, Mr. Zandi made a bold assertion. Mark Zandi, the chief economist and cofounder of…

  • To The Contrary

    Former client and long time banker Pat Dalrymple (the subject of a previous post) has joined the world of banking bloggers with "Contrabanker: A Bank Contrarian's Blog"). If Pat's first post is any indication, he's…

  • Talking Trash 'Bout TARP

    Sheila Bair said last week that the TARP CPP program was, in retrospect, maybe not such a good idea. “I just see all the problems it’s created now,” she said in an interview with PBS…

  • It's As Bad As You Think

    Another astute observer of the banking scene jumped on the 1,000 bank failures band wagon today. James Dunne, senior managing principal of Sandler O'Neill, said he believes up to 1,000 banks will fail during the…

  • Wal-Mart Marches On

    Last week, the American Banker featured a story by Maria Aspan (paid subscription required) that looked at Wal-Mart's business of providing consumer financial services to its customers, two years after it finally gave up its…

  • We Interrupt This Madness To Bring You The Following Insanity

    I had a juicy topic related to the banking reform legislation sweeping through D.C. all teed up and ready to knock out of the ballpark, but, unfortunately, a friend turned me on to the fact…

  • Ohio Whiffs Payday Putdown

    The Ohio legislature's efforts to eliminate payday lending continue to be stymied by the marketplace, where willing, if desperate, borrowers need money and willing lenders stand ready to fill that need, at rates and fees…

  • Chris' Big PR Adventure

    According to Darrell Delamaide at FinReg21, Senator Chris ("Friend of Angelo's") Dodd opened a public relations campaign to try to burnish his tarnished reputation in Connecticut by introducing in the Senate today financial institution reform…

  • Any Takers For TARP II?

    TARP II (aka Son of TARP, TARP, Jr., TARP Lite, Tofu TARP, One-Horse TARP, and Diet TARP) is hardly out of the starting gate but is already down on the track with a broken ankle…