Posted on 04/24/2003 11:58:50 PM PDT by JohnHuang2
Edited on 07/12/2004 4:02:49 PM PDT by Jim Robinson. [history]
As a professor of legal ethics, I have long favored bankruptcy-reform legislation. I believe reform is crucial to restoring personal responsibility and to preserving integrity in both individual and corporate bankruptcies. Current law encourages "opportunism" that benefits a few unscrupulous bankers, lawyers and corporate executives at great cost to millions of honest consumers and lenders in the form of higher prices and interest rates.
(Excerpt) Read more at washtimes.com ...
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