Why would McCain support reverting to the more lenient (old) bankruptcy laws ?
With all the foreclosures causing banks to loose profits, would forestalling the bankruptcy process in hopes of a using unsecured debt forgiven under the old law as a lever, save homes?
He must be a popularist.
This entry was posted on Wednesday, April 29th, 2009 at 3:16 am and is filed under bankruptcy laws. Follow the comments through the RSS 2.0 feed. You can post a comment, or leave a trackback.
McCain will do anything for more votes and to release his cronies from fiscal responsibility and financial loses.
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April 29th, 2009 at 8:23 am
The old rules were much more lenient to companies that to private citizens.
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April 29th, 2009 at 9:10 am
He must be a popularist.
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April 29th, 2009 at 9:19 am