THE INFLUENCE GAME: Banks shift bankruptcy tactics (AP)

Use of Federal Assistance by the First TARP Recipients' on Capitol Hill, Wednesday, Feb. 11, 2009, in Washington.  (AP Photo/Manuel Balce Ceneta)AP – Big banks, scrambling to prevent the government from forcing them to rewrite mortgages for struggling homeowners, are using their lobbying clout to press the Obama administration and Congress to scale back a key measure to rescue borrowers from foreclosures.

CategoriesUS

Leave a Reply