Oscar Nod for ‘Frontline’ Documentary Made by Chicago Team – WTTW

The only bank prosecuted after the mortgage crisis that triggered the Great Recession wasn’t Morgan Stanley, Citibank, or Chase. It was a small, family owned bank serving the Chinese community in New York.

The documentary “Abacus: Small Enough to Jail” profiles the Sung family’s yearslong legal battle to clear the bank of mortgage fraud charges in federal court.

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Leaked Outline of Territorial Debt Relief Act: Any relevance to Illinois and bankruptcy-for-states? – Quicktake

An outline of federal legislation to help Puerto Rico got leaked yesterday. It’s linked here. Before you laugh at me for seriously discussing a potential bill sponsored by Elizabeth Warren and Bernie Sanders, know this: Elizabeth Warren, despite what she has become, was a first rate-bankruptcy scholar. When I taught as an adjunct at the University of Texas Law School she was a full professor there. I read her stuff often. It was balanced, smart and showed none of the lefty stuff she’s now infamous for. Forget about Title II in the summary, which is a cash bailout for Puerto

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Durbin,Democrats react to White House immigration proposal – CNN

“Dreamers should not be held hostage to President Trump’s crusade to tear families apart and waste billions of American tax dollars on an ineffective wall,” Sen. Dick Durbin, the Illinois Democrat who has fought for protection for participants in the expiring Deferred Action for Childhood Arrivals program, said in a statement.

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