On the recordNovember 15, 2010
We are paying a macroeconomic price for the delay in resolving this issue.
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congress.govWe are paying a macroeconomic price for the delay in resolving this issue.
Highlighting the economic consequences of delayed foreclosure resolutions.
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More from Evan Bayh
Only Congress could come up with a situation like this where you have to give your recommendations about implementation of the rule.
The reason for the study, as I recall, was that many of us understood that there was a potential risk here that probably had to be dealt with.
I think engagement with the European Parliament is another avenue for continuing our joint efforts to bring those standards up.
I note that estimates show that $5 trillion in bank debt may be coming due in 2012.