[lbo-talk] How the key loophole got inscribed into the Paulson Plan by reference

Doug Henwood dhenwood at panix.com
Sat Oct 11 13:28:23 PDT 2008


At last night's Nation-sponsored panel on the financial crisis at the Brecht Forum in NYC, the moderator, Chris Hayes, called on someone in the audience - named Rob Walker if I'm remembering right - who was one of the Congressional staffers involved in drafting the bailout law. He said that it was their intent to include language that would allow equity infusions. No doubt Frank, who's a very smart fellow, was part of this discussion.

Doug



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