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What bankruptcy judges can't do

February 22, 2009

Re: "CB Richard Ellis likely to ask for breaks on loans," Feb. 12:

The story says CB Richard Ellis is "seriously considering asking lenders to change the terms of its loans." It also quotes Craig Silvers, president of Bricks & Mortar Capital, as saying: "It makes sense. Everyone else is getting waivers or renegotiating terms."

That's exactly the power Congress should give bankruptcy judges over home loans.

Chris Pearson

Spring Valley

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