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What Can $2 Million Buy?

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By Alexandra Walker

April 1, 2005 - 2:36pm ET

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Now making its way through the House , the legislation is a boon to the credit card industry because of the roadblocks it erects for people filing for bankruptcy. Opposition to the bill came from consumer advocates on the left and the right, yet it passed the Senate in early March. The latest entry in the special "bankruptcy bill blog" over at TalkingPointsMemo documents the banking and credit-card industry contributions that might have purchased pro-industry votes from the senators.




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