Elizabeth Warren named one of TIME's 100 most influential people

Consumer advocate Elizabeth Warren has been named one of 2009’s 100 most influential people by TIME. Here’s an excerpt:

“Long before toxic assets and credit-default swaps became household words, Warren was poking at the dark underbelly of the U.S. financial-services industry: predatory lending practices of banks and credit-card companies, home loans that borrowers had no hope of paying off and the endless efforts of financial-services companies to use their political clout to push the risks of reckless lending off lenders and onto borrowers.”

Warren’s entry for the magazine was written by Talking Points Memo publisher Josh Marshall, who first met her when Warren and her Harvard Law School students chronicled the progress of the 2005 Bankruptcy Bill through Congress on TPM.