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October 24, 2005
Good NY Times column on bankruptcy
Harvard Law professor and bankruptcy scholar Elizabeth Warren has a nice op-ed critiquing the new bankruptcy law in today's New York Times (free registration req.) Excerpt:
Punishing debtors this way won't put money in creditors' pockets. Creditors who planned to reap windfalls from this new law may be sorely disappointed as they discover that their lobbyists promised more than they can deliver. And if the bankruptcy system becomes unworkable for both debtors and creditors, pressure will build for change.
Here's our most recent blog on the most draconian, anti-consumer bill in a long stretch.
Posted by Ed Mierzwinski at October 24, 2005 11:54 AM
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