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Durbin swayed, bill to be amended

With help from encouragingly high places, the securitization industry heralded a swift victory over several undoubtedly detrimental provisions in the Employee Abuse Prevention Act (S. 2798/H.R. 5221), which was to be brought to the floor on Sept. 19 by Sen. Richard Durbin (D-Ill.) and Rep. William Delahunt (D-Mass.).

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