[GSlob]

Large creditors nowadays securitize the receivables - and make all of us (if only through 401k's) shoulder a large part of creditor's risk.

[Scenic Sounds]

Large creditors nowadays securitize the receivables - and make all of us (if only through 401k's) shoulder a large part of creditor's risk.

I think what you're saying is that creditors who are careful, creditors who take of themselves, didn't need any of these changes in the bankruptcy laws.

And I have to agree with you about that. ;-)