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By Joe Adler
MAR 11, 2010 6:33pm ET

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Senate About-Face Puts Student Lending in Limbo

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A bill to end private lenders' role in government guaranteed student lending — assumed to be on its way to quick enactment — has suddenly become a hotly contested debate.

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What the Mortgage Settlement Means to Banks
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Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover

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