Top Dems Renew Call for Cramdown: YAWN

by Moe Bedard · 0 comments

in Bankruptcy

senator dick durbinMore mortgage bankruptcy puffery in Washington for your intertainment. Is this all just for show Main Street? Are these politicians really fighting for you to keep your home or are they out to just fool you long enough until the 2010 elections?

 “Waiting for banks to ‘volunteer’ to end this foreclosure crisis is a waste of time,” Durbin said in a statement Wednesday. “Treasury’s latest report show[s] this approach has failed miserably.”

Durbin is calling on Treasury Secretary Tim Geithner “to sit down with congressional leadership and work to end this blight on our economic future.”

Read more from the Washington Independent

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