The Wall Street Journal has launched a new blog called "Bankruptcy Beat." The focus looks like it will be more on business than consumer bankruptcy. They describe their blog as follows: "Bankruptcy Beat provides an inside view into the latest corporate
bankruptcies, companies headed for trouble and emerging trends in
bankruptcy law, distressed investing and corporate restructuring." The first set of postings had a story about Kathy Cox, the Georgia School Superintendent who declared bankruptcy after $1 million on Are You Smarter than a Fifth Grader, and a story about Richard Fuld's transfer of his Florida mansion to his spouse apparently to avoid any legal liability that might arise because of his time running Lehman Brothers. It looks like the blog will have plenty to interest Credit Slips readers. I've added it to my news feed. It's worth a look.