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: Caveat Emptor

Why is Obama silent on bankruptcy reform?

By Sam Glover

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The Red Tape Chronicles asks whether Obama is “backing the wrong horse” by championing credit card reform while ignoring bankruptcy reform that would allow bankruptcy judges to reduce mortgage loans in bankruptcy?just like they can do for all other debts. Credit card reform is a great thing, of course, but it will have a tiny [...] Related posts:
  • Link roundup
  • Obama would ease bankruptcy for military, seniors, disaster victims; says McCain backs bankers
  • Credit cards at the tipping point?
  • Full post as published by Caveat Emptor on May 19, 2009 (boomark / email).

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