[lbo-talk] Treasury's proposed (and nameless) bailout law

Shane Taylor shane.taylor at verizon.net
Sun Sep 21 12:02:23 PDT 2008


Doug Henwood posted:


> [Make Hank and his successor virtually almighty,
> with no outside review.]


> Treasury’s Financial-Bailout Proposal to Congress
> The following is the legislative proposal from
> Treasury Department for authority to buy
> mortgage-related assets:

Can the triple-A rating of US securities endure much more of this shit?

Shane



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