I’m back. Back to blogging. Home here at L360.

The Return of the Prodigal Son Painting by Bartholome Esteban Murillo National Gallery of Art (Washington, D.C.)
The Return of the Prodigal Son
Painting by Bartholome Esteban Murillo
National Gallery of Art (Washington, D.C.)

Several years ago, Kevin O’Keefe or Tom Mighell (one of them) commented that the majority of legal blogs last less than a year. Clearly, I’m

Yesterday, the chairmen of the bipartisan commission on reducing the national debt released an outline (link to report and an example) on spending cuts and tax increases.  The plan focuses on deep cuts in domestic and military spending, an increase in the federal gasoline tax, simplifying the tax code, and benefit cuts and increased

Earlier this week, I posted a short summary of the Financial Services Reform Bill.   Since then, the House Financial Services Committee posted the text of the overhaul agreed by the House-Senate Conference Committee late last week:

  • Now called the Dodd-Frank Wall Street Reform and Consumer Protection Act, the bill is both long (2,193 pages

(This is my last blog covering the CREF-C June Convention)

Below is a very random collection of information (and comments) as “take aways” from my attendance at this convention earlier this week. You’ll note that I really don’t jump into the CMBS 2.0 panels, nor into the special servicing panels. Why? Most of the content from

The tentative time line for the House-Senate reconciliation conference committee covering the financial regulatory reform legislation is the following: begin to meet during the week of June 7, 2010, with the goal of having a final Bill ready for the President’s signature by the July 4 recess.

With that quick time line in mind, here