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Real Estate & Property Law

: Housing Wire

U.S. Seeks More Power in Seizing Firms

By KELLY CURRAN

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Spiraling anger over the bailout and bonuses of American International Group Inc. (AIG: 1.21 -12.95%), has brought to head the issue of regulatory power when it concerns large financial institutions that are not necessarily deposit-taking institutions insured by the government. The issue was taken up by the Obama administration Tuesday, when it began a full-fledged [...]

Full post as published by Housing Wire on March 25, 2009 (boomark / email).

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