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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

Two Key Dems Throw Cold Water On Bankruptcy Bill | Ryan Grim | Posted 05.25.2011 | Politics

Sen. Dick Durbin announced Monday night that after weeks of negotiations between Senate Democrats and the financial industry, a compromise had been re...

Your Wealth Is in a Safe Place Now

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

We should remember that by avoiding principal write downs -- and focusing on monthly mortgage payments -- the burden of wealth destruction is being placed on homeowners, not on banks.

Ryan Grim

Banks' Fifteen-Year Winning Streak Snapped: House Passes Mortgage Relief Bill | Ryan Grim | Posted 05.25.2011 | Politics

The House on Thursday passed bankruptcy reform legislation that dealt the banking industry its first major defeat since 1994. The bill, passed 234-191...

Cram Down Crunch Time

David M. Abromowitz | Posted 05.25.2011 | Business
David M. Abromowitz

Single family homeowners living in their own primary residence are the only real estate owners without cram down protections in bankruptcy.

"Billions of Dollars to the Banks, Yet We're the Ones That Are Homeless."

Robert Greenwald | Posted 05.25.2011 | Politics
Robert Greenwald

Conyers' proposal is a simple, modest fix that will help keep hundreds of thousands of families in their homes. This bill is a win for every homeowner in America.

Ellen Tauscher (D-BofA) Helps Bank Lobbyists Write Our Laws

Jane Hamsher | Posted 05.25.2011 | Politics
Jane Hamsher

How can Tauscher claim that there's anything "moderate" about working on behalf of the bankers who created this crisis?