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: Securities Law Prof Blog

Taxpayers' Funds to Buy Back ADRs?

By Securites Lawprof

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Talk about chutzpah -- according to the Investment News, FINRA has asked Treasury to advance funds from the $700 billion TARP to help broker-dealers re-purchase illiquid auction rate securities from clients. (Tip of the hat to Jill Gross, for calling...

Full post as published by Securities Law Prof Blog on November 17, 2008 (boomark / email).

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