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: Caveat Emptor

Crisis rooted in bankruptcy law

By Sam Glover

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“Agreeing with House Financial Services Committee Chairman Barney Frank that the current financial turmoil “was brought on by mortgage foreclosures,” Kentucky’s senior federal bankruptcy judge, Joe Lee of Lexington, also blames a greedy credit industry for selling Congress “a bill of goods” three years ago.” Crisis rooted in bankruptcy law | Lexington Herald-Leader

Full post as published by Caveat Emptor on October 08, 2008 (boomark / email).

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