• May 27, 2012

pt yayyy freedom

by Ken Layne  4:14 pm December 11, 2009

SCALING BACK AMBITIONS, HEH: What the banks and mortgage giants killed in the House’s latest bullshit Financial Regulation bill was the “Cram-down” legislation, which would have let bankruptcy judges force lenders to accept not only lower, fixed interest rates on underwater home loans, but also give judges the power to reduce the principal to reflect [...]