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March 302009

  March 30, 2009 Housing Senate Majority Leader Might Drop Cramdown Provision from Banking Bill Senate Majority Leader Harry Reid (D-Nev.) said on Friday that he would drop the cramdown provision from

March 272009

  March 27, 2009 Democrats Unveil Bill Cracking Down on Predatory Lending; Senate Banking Committee to Consider Credit Card Protections  House Democrats yesterday unveiled legislation that would place

March 262009

  March 26, 2009 Geithner to Propose Expansion of U.S. Oversight of Financial System Treasury Secretary Timothy F. Geithner plans to propose today a sweeping expansion of federal authority over the

March 252009

  March 25, 2009 Alabama County Urged to File for Bankruptcy Two commissioners in Jefferson County, Ala., are pressing the county to file for bankruptcy court protection as the county grapples with

March 242009

March 24 Congressional Attention Turns Again to Bankruptcy Reform as Senate Panel Examines Credit Card Fees and Bankruptcy While Congress is currently focused on efforts to stem home foreclosures by

March 232009

  March 23, 2009 Treasury Looks to Public-Private Investment Plan to Deal with Toxic Assets Noting that the U.S. financial system 'is still working against economic recovery,' the U.S. Treasury

March 202009

  March 20, 2009 In New Dilemma, Banks Cite Two Paths to Disaster Some bank executives warned that the government is forcing them toward a disastrous choice between accepting restrictions on

March 192009

  March 19, 2009 House Set to Vote on Tax Targeted at Executive Bonuses U.S. House Democratic leaders have set a vote for today on a proposed 90 percent tax on executive bonus payments by companies

March 182009

  March 18, 2009 Senate Democrat Says 60 Votes Not Likely on Cramdown Provision A key Senate Democrat said yesterday that it was unlikely the chamber would consider a bill to allow bankruptcy judges

March 172009

  March 17, 2009 Senators Hope for Cramdown Compromise, Vote Delayed until Next Session Senate Democrats yesterday moved to cut off a key lobbying angle that the financial-services industry had hoped