Relevant:
- Citigroup Said to Have Short List of Bidders for Property Unit
- Mortgage Cram-Down Legislation Resurfaces
- Leading AIM group hit as Pandit fund pulls out of talks
- Republican Senators Block Housing Bill; Democrats Vow Fight
- Will bankruptcy judges get the power to modify the terms of troubled borrowers’ mortgages?
2009-01-08 — wsj.com
"- Citigroup Inc. is leading other lenders in advanced talks with key senators on legislation that would allow judges to set new repayment terms for millions of mortgage holders who wind up in bankruptcy court, people involved in the talks say."
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