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Law Practice

Feb. 18, 2009

BERG: The Foreclosure Fiasco: Enter Obama

So the Obama administration has begun to unveil a variety of plans under consideration to tackle the foreclosure mess. Will it be shock and awe, or a more moderate approach?

So the Obama administration has begun to unveil a variety of plans under consideration to tackle the foreclosure mess.

Will it be shock and awe, or a more moderate approach?

Visiting one of the epicenters of the foreclosure epidemic, Fort Myers, Fla., President Obama recently asked: "Can we work to design a system where the banks recognize it's in their interest to avoid foreclosure?"

The president is stepping into the middle of a heated debate over how to heal the ai...

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