Getting ready to campaign in Oregon, Senator Clinton discusses housing issues. This intrigues:
Clinton says her package would also involve a form of “tort reform” to protect mortgage companies against lawsuits for restructuring loan terms.
We’ll delve into this later. Wonder if the proposal would include all those banks being sued by Cleveland under public nuisance laws for securitizing sub-prime mortages.
As a general principle, we believe in the transitive property of tort reform. If it’s justifiable in one heavily litigated area, then it’s justifiable in others.
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