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September 18, 2008

The federal bailout of AIG: loan or purchase?

And was the $85 billion loan to AIG legal? See Eric Posner ("I suspect the deal is a loan in form but a purchase in substance") at The Volkoh Conspiracy, Carolyn Elefant at Legal Blog Watch, David Zaring at The Conglomerate and Marty Lederman at Balkanization.

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Posted by Holden Oliver (Kitzb├╝hel Desk) at September 18, 2008 11:59 PM

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