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Tuesday, November 17, 2009

Economics of Contempt: Geithner Vindicated in TARP Watchdog Report

A more nuanced view of the AIG bailout. The FED had no power to get less than par value from the banks. Any power it would have would be the threat of regulatory retaliation.


Economics of Contempt: Geithner Vindicated in TARP Watchdog Report

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