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: ACS BlogLawmakers Question Bailout Plan's Limit On Court Access
An interesting aspect of the Bush administration’s proposed bailout of troubled financial institutions deals with court access. Bloomberg.com reports that some lawmakers have noticed a part of the Bush plan that would block courts from reviewing the U.S. Treasury Department’s acquisition of up to $700 billion in troubled assets. “I think that it may be illegal, not to be able to challenge things,” Sen. Christopher Dodd (D-Conn.) told the news agency.
Full post as published by ACS Blog on September 22, 2008 (boomark / email).
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