Rep. Barney Frank threw down the gauntlet last month on extension of TRIA, insisting he would not be bullied by the Senate into abandoning his more comprehensive bill. But with the federal reinsurance backstop set to expire Dec. 31, will Barney blink rather than let TRIA pass into oblivion? NU Editor In Chief Sam Friedman believes he must and he will. Check out his reasoning and offer your own views on his blog at

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