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" ... The lenders, in contrast, took inadequate precautions in their efforts to enrich themselves. Credit Suisse's behavior is somewhat more blameworthy than that of the other lenders, as it sold most of its interests in the loan to other lenders and obtained a substantial origination fee, thus raising the possibility that it intended to profit from a bad loan. Even so, Credit Suisse's behavior does not compare to Blixseth's intentional and prolonged flouting of the law. The bankruptcy court's application of equitable subordination, which placed the prepetition lenders last in line for recovery, addressed the lenders' poor conduct. As the Trustee has suggested, there may also be other remedies open to the district court on remand to assure fair treatment of Blixseth with regard to his debt to Credit Suisse. ... "
" ... There are many educators who make the principled case that big government conservatism and big government liberalism are equally blameworthy for our ills. but Lazere dismisses them because he thinks they’re bound up with loathsome “conservatism.” ... "