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Home » Store » News » Bush Urges Senate Action on Terrorism Insurance, But Grass-Roots Groups Oppose Taxpayer Bailout

Bush Urges Senate Action on Terrorism Insurance, But Grass-Roots Groups Oppose Taxpayer Bailout

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Even though President Bush has joined in the push for terrorism insurance, it is unlikely that there will be a resolution on the issue soon, says an expert on commercial mortgage-backed and asset-backed securities. Because of trial lawyers’ opposition to the cap on compensation in the legislation pending in the Senate, as well as increasing grass-roots opposition, little progress is expected on
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