Hamp needs Ms. Warren more than ever. Treasury Trying to Throw Reporters Off HAMP Trail?

[midnight]

She is an expert in helping people in financial crisis. And she most likely will help people modify bad mortgage loans.

HAMP: "It’s designed to help banks, from a public image standpoint and from a toxic asset standpoint. It doesn’t force the banks to deal with the problems on their balance sheet, it doesn’t force a haircut on them so borrowers don’t get consumed in the crisis, it basically allows them to extend and pretend, extracting a few extra payments from the borrowers in the exchange."

http://news.firedoglake.com/2010/07/29/treasury-trying-to-throw-reporters-off-hamp-trail/

Listen to hear talk about why modifying these bad loans is not happening:http://www.youtube.com/watch?v=YlcNSwaIxpI&feature=player_embedded

[MannyGoldstein]

1. Because the President and Congress want to help working Americans.

I think they'll appoint her.