Tag Archives: bankruptcy

Free Lunch – This Time It’s Different or History Repeats Itself?

2008 financial crisis

Summary: With easy money coming back into the market, borrowers who should not be borrowing getting loans and the economy at a tipping point is the history of the financial crisis about to repeat itself? Will the return to ‘easier’ lending practices in markets spanning mortgages, student loans and used cars pose a problem? Problem for the […]

Debt? It’s Good To Be A Country!

In an investment some debt or leverage can be good but, at some point, it can become all-consuming and impossible to repay! Think about what happened to homeowners who had a variable-rate mortgage, also known as debt or leverage, when mortgage rates began to rise and the value of the asset fell. If their income stayed […]

Dewey & LeBoeuf: The Rise And Fall Of A ‘White-Shoe’ Law Firm

Dewey & LeBoeuf, a New York-based law giant, made the wrong kind of history in 2012 when it became the largest law firm in US history to fail! White-Shoe Firm Defined – ‘The most prestigious firms in professions such as law, investment banking and management consulting. White-shoe firms typically have a blue-chip clientele, acquired over the several […]