Barack Obama discusses bankruptcy and debt

Barack Obama, presidental candidate views on bankruptcyTerrance Leeders

Here is an article from suntimes.com that follows up on yesterday's post about the candidates' views on debt, the economy, and bankruptcy.

Obama has round-table talk on South Side

June 12, 2008
BY ABDON M. PALLASCH

Democratic White House hopeful Barack Obama held a round-table talk today on the South Side with three consumers gouged by credit card companies.

“For too long, credit card companies have been using unfair and deceptive practices to trick Americans into signing agreements...

Presidential Candidates views on Bankruptcy

presidental candidate views on bankruptcyLeave a commentTerrance Leeders

Here is an excerpt from Barack Obama's webpage, detailing bankruptcy.Reform Bankruptcy LawsObama will reform our bankruptcy laws to protect working people, ban executive bonuses for bankrupt companies, and require disclosure of all pension investments. * Cap Outlandish Interest Rates on Payday Loans and Improve Disclosure: Obama supports extending a 36 percent interest cap to all Americans. Obama will require lenders to provide clear and simplified information about loan fees, payments...