Elizabeth Warren actually said...

Yet, despite the misconduct at these banks that generated tens of billions of dollars in settlement payments by the companies, not a single ...

So, we are not going to be back here a year from now having this same conversation again.

Now, as Judge Rakoff of the Southern District of New York has noted, the law on this is clear.

Borrowers who are in serious financial trouble... can get a fresh start on pretty much every kind of debt by declaring bankruptcy.