The subprime industry dodged a potentially deadly bullet last week, when an amendment designed to clamp down on predatory lending failed to make it into a bankruptcy reform measure. Backed strongly by the credit card industry, S. 256, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, is designed to make it harder for insolvent borrowers to walk away from their debts. Congress has tried – and failed – to enact the oversight legislation…