Bankruptcy

Foreclosure Tragedy

By Angie Littwin

An excruciatingly sad story about the human costs of the home-mortgage crisis:  http://www.cnn.com/2008/US/10/03/eviction.suicide.attempt/index.html. A 90-year-old woman, Addie Polk, shot herself inside her foreclosed, Akron, Ohio home. It appears that she will live, although she is still in the hospital. Representative Dennis Kucinich, a member of her state's congressional delegation, told her story on the House floor during today's bailout debate, saying, "This bill does nothing for the Addie Polks of the world." He voted against the bailout, which finally passed in the House this afternoon.

Full post as published by Credit Slips on October 03, 2008 (boomark / email).