Friday, May 1, 2009

Senate rejects bill aimed at helping homeowners who face foreclosure - Sauk Valley Daily Gazette

WASHINGTON – Democrats may have bolstered their Senate majority and the financial services industry may be in trouble over its role in crashing the world economy, but that doesn’t mean its lobbyists have lost all their muscle on Capitol Hill ..., more 
and Cramdown gets crammed down in Senate; Update: Who were the Democrats ... - Hotair.com  Barack Obama suffered a major setback yesterday on his economic policy, even though he had just expanded his majority in the Senate.  The “cramdown” policy that would allow bankruptcy judges to force lenders to adjust the principal on mortgages ..., more 

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