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Legal Commentary

: The Volokh Conspiracy

Four Ways to Rationalize the AIG Deal --

By Eric Posner

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1. It really is a loan, not a purchase. 2. It?s a purchase but it?s called a loan and words like ?interest rate? are used, so therefore the Fed can do...

Full post as published by The Volokh Conspiracy on September 17, 2008 (boomark / email).

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