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Bankruptcy Bill

Jeff Muskus

Administration Belatedly Pushing Banks To Slow Foreclosures | Jeff Muskus | Posted 05.25.2011 | Business

Months too late, the Obama administration is pushing the finance industry for further action to stem the vast tide of home foreclosures. The administ...

Ryan Grim

Cramdown Vote: Banks Bought Senators On The Cheap | Ryan Grim | Posted 05.25.2011 | Politics

Sen. Dick Durbin (D-Ill.) introduced legislation in the Senate Thursday which would allow homeowners in bankruptcy to renegotiate -- or cramdown -- mo...

Ryan Grim

Banks Beat Homeowners: Foreclosure Bill Killed In Senate | Ryan Grim | Posted 05.25.2011 | Politics

The Senate on Thursday rejected an effort to stave off home foreclosures by a vote of 51 to 45. It was an overwhelming defeat, with the bill's backers...

Ryan Grim

Dick Durbin: Banks "Frankly Own The Place" | Ryan Grim | Posted 05.25.2011 | Politics

Sen. Dick Durbin (D-Ill.) has been battling the banks the last few weeks in an effort to get 60 votes lined up for bankruptcy reform. He's losing. O...

Ryan Grim

Bank Lobby On Course To Gut Bankruptcy Bill | Ryan Grim | Posted 05.25.2011 | Politics

The bankruptcy reform bill that passed the House weeks ago amid much fanfare is on course to be gutted by the Senate Thursday. Senate Majority Leader ...

Ryan Grim

Bankruptcy Bill Watered Down, Still Fiercely Opposed By Banks | Ryan Grim | Posted 05.25.2011 | Politics

After weeks of negotiations between Senate Democrats and major players in the financial industry, a compromise bankruptcy reform deal has been reached...

Joe Biden: No True Friend of Working Men and Women

Jackson Williams | Posted 05.25.2011 | Politics
Jackson Williams

Of all the presidential contenders lined up on the stage in last year's AFL-CIO Chicago debate, Biden was the only one who had voted for the 2005 bill.

Ryan Grim

Adam Pase: Lobbyist-Turned-Staffer At Center Of Bankruptcy Fight | Ryan Grim | Posted 05.25.2011 | Politics

Capitol Hill is not a place where staffers become famous. The focus is on members of Congress, while aides remain in the background, unnamed and unrem...

Gov't Studies Say Progressives Were Right, Beltway Was Wrong

David Sirota | Posted 05.25.2011 | Politics
David Sirota

Remember when progressives protested the 2005 bankruptcy bill? A new report says that bill is playing a decisive role in the foreclosure surge that undermined our entire economy.

A Debate Question for Joe Biden

William Fisher | Posted 05.25.2011 | Politics
William Fisher

Tonight, Sarah Palin and Joe Biden will engage in the first and only debate for vice presidential candidates in the 2008 election. Who will "win" thi...