[Veritas]

Brian wanted to know the answer to this question, Veritas, who exactly authorized the AIG bailout?

Here is one answer, your mileage may vary-

“There’s really no statutory authority for the AIG takeover…I won’t bother noting that the DC Circuit, were it to sit in judgment on whether the Fed could buy the world’s largest insurer, would undoubtedly conclude that the plain language of its governing statute (which is to make emergency loans, not require takeovers in exchange) would not permit the takeover under Chevron USA v. NRDC.”
http://legalblogwatch.typepad.com/legal_blog_watch/2008/09/federal-bailout.html

Europe is also experiencing problems with bankers:
“There’s a growing feeling that the banks have played a big part in the problems now facing Spain,” said del Rio, 37, who gathered with a throng of people in the town’s main square last week as protests that began May 15 swelled across the country. “There’s real anger with banks that got out of control.”

http://www.bloomberg.com/news/2011-05-31/spanish-ire-against-bankers-spills-over-in-city-center-protests.html

[Veritas]

Brian wanted to know the answer to this question, Veritas, who exactly authorized the AIG bailout?

Here is one answer, your mileage may vary-

“There’s really no statutory authority for the AIG takeover…I won’t bother noting that the DC Circuit, were it to sit in judgment on whether the Fed could buy the world’s largest insurer, would undoubtedly conclude that the plain language of its governing statute (which is to make emergency loans, not require takeovers in exchange) would not permit the takeover under Chevron USA v. NRDC.”
http://legalblogwatch.typepad.com/legal_blog_watch/2008/09/federal-bailout.html

Europe is also experiencing problems with bankers:
“There’s a growing feeling that the banks have played a big part in the problems now facing Spain,” said del Rio, 37, who gathered with a throng of people in the town’s main square last week as protests that began May 15 swelled across the country. “There’s real anger with banks that got out of control.”

http://www.bloomberg.com/news/2011-05-31/spanish-ire-against-bankers-spills-over-in-city-center-protests.html

[Veritas]

Brian wanted to know the answer to this question, Veritas, who exactly authorized the AIG bailout?

Here is one answer, your mileage may vary-

“There’s really no statutory authority for the AIG takeover…I won’t bother noting that the DC Circuit, were it to sit in judgment on whether the Fed could buy the world’s largest insurer, would undoubtedly conclude that the plain language of its governing statute (which is to make emergency loans, not require takeovers in exchange) would not permit the takeover under Chevron USA v. NRDC.”
http://legalblogwatch.typepad.com/legal_blog_watch/2008/09/federal-bailout.html

Europe is also experiencing problems with bankers:
“There’s a growing feeling that the banks have played a big part in the problems now facing Spain,” said del Rio, 37, who gathered with a throng of people in the town’s main square last week as protests that began May 15 swelled across the country. “There’s real anger with banks that got out of control.”

http://www.bloomberg.com/news/2011-05-31/spanish-ire-against-bankers-spills-over-in-city-center-protests.html

[Veritas]

Brian wanted to know the answer to this question, Veritas, who exactly authorized the AIG bailout?

Here is one answer, your mileage may vary-

“There’s really no statutory authority for the AIG takeover…I won’t bother noting that the DC Circuit, were it to sit in judgment on whether the Fed could buy the world’s largest insurer, would undoubtedly conclude that the plain language of its governing statute (which is to make emergency loans, not require takeovers in exchange) would not permit the takeover under Chevron USA v. NRDC.”
http://legalblogwatch.typepad.com/legal_blog_watch/2008/09/federal-bailout.html

Europe is also experiencing problems with bankers:
“There’s a growing feeling that the banks have played a big part in the problems now facing Spain,” said del Rio, 37, who gathered with a throng of people in the town’s main square last week as protests that began May 15 swelled across the country. “There’s real anger with banks that got out of control.”

http://www.bloomberg.com/news/2011-05-31/spanish-ire-against-bankers-spills-over-in-city-center-protests.html

[Veritas]

Brian wanted to know the answer to this question, Veritas, who exactly authorized the AIG bailout?

Here is one answer, your mileage may vary-

“There’s really no statutory authority for the AIG takeover…I won’t bother noting that the DC Circuit, were it to sit in judgment on whether the Fed could buy the world’s largest insurer, would undoubtedly conclude that the plain language of its governing statute (which is to make emergency loans, not require takeovers in exchange) would not permit the takeover under Chevron USA v. NRDC.”
http://legalblogwatch.typepad.com/legal_blog_watch/2008/09/federal-bailout.html

Europe is also experiencing problems with bankers:
“There’s a growing feeling that the banks have played a big part in the problems now facing Spain,” said del Rio, 37, who gathered with a throng of people in the town’s main square last week as protests that began May 15 swelled across the country. “There’s real anger with banks that got out of control.”

http://www.bloomberg.com/news/2011-05-31/spanish-ire-against-bankers-spills-over-in-city-center-protests.html

[Veritas]

Or not:The Supreme Court on Thursday upheld an Arizona law that severely penalizes businesses that knowingly hire illegal immigrants.

In a ruling that’s likely to embolden Congress and other states, the court declared that Arizona’s law fits comfortably within the state’s powers.

Read more: http://www.miamiherald.com/2011/05/26/2237087/supreme-court-upholds-arizona.html#ixzz1NtsaiQ5Y

[Veritas]

Or not:The Supreme Court on Thursday upheld an Arizona law that severely penalizes businesses that knowingly hire illegal immigrants.

In a ruling that’s likely to embolden Congress and other states, the court declared that Arizona’s law fits comfortably within the state’s powers.

Read more: http://www.miamiherald.com/2011/05/26/2237087/supreme-court-upholds-arizona.html#ixzz1NtsaiQ5Y

[Veritas]

Or not:The Supreme Court on Thursday upheld an Arizona law that severely penalizes businesses that knowingly hire illegal immigrants.

In a ruling that’s likely to embolden Congress and other states, the court declared that Arizona’s law fits comfortably within the state’s powers.

Read more: http://www.miamiherald.com/2011/05/26/2237087/supreme-court-upholds-arizona.html#ixzz1NtsaiQ5Y

[Veritas]

Or not:The Supreme Court on Thursday upheld an Arizona law that severely penalizes businesses that knowingly hire illegal immigrants.

In a ruling that’s likely to embolden Congress and other states, the court declared that Arizona’s law fits comfortably within the state’s powers.

Read more: http://www.miamiherald.com/2011/05/26/2237087/supreme-court-upholds-arizona.html#ixzz1NtsaiQ5Y

[Veritas]

Or not:The Supreme Court on Thursday upheld an Arizona law that severely penalizes businesses that knowingly hire illegal immigrants.

In a ruling that’s likely to embolden Congress and other states, the court declared that Arizona’s law fits comfortably within the state’s powers.

Read more: http://www.miamiherald.com/2011/05/26/2237087/supreme-court-upholds-arizona.html#ixzz1NtsaiQ5Y

[Veritas]

“Long speculated upon in our community, the rock and the hard place has finally become a reality. An economy not accelerating at an accelerating rate is declining at an accelerating rate. The mirage of a recovery is getting harder and harder to MOPE about. It simply is not there. We are entering a declining phase that will not end in any kind of a soft landing.”
[img_assist|nid=15002|title=”Printing More Money”|desc=|link=node|align=left|width=100|height=80]

http://www.jsmineset.com/2011/05/28/the-long-anticipated-rock-and-hard-place-is-here-and-now/print/

[Veritas]

“Long speculated upon in our community, the rock and the hard place has finally become a reality. An economy not accelerating at an accelerating rate is declining at an accelerating rate. The mirage of a recovery is getting harder and harder to MOPE about. It simply is not there. We are entering a declining phase that will not end in any kind of a soft landing.”
[img_assist|nid=15002|title=”Printing More Money”|desc=|link=node|align=left|width=100|height=80]

http://www.jsmineset.com/2011/05/28/the-long-anticipated-rock-and-hard-place-is-here-and-now/print/

[Veritas]

“Long speculated upon in our community, the rock and the hard place has finally become a reality. An economy not accelerating at an accelerating rate is declining at an accelerating rate. The mirage of a recovery is getting harder and harder to MOPE about. It simply is not there. We are entering a declining phase that will not end in any kind of a soft landing.”
[img_assist|nid=15002|title=”Printing More Money”|desc=|link=node|align=left|width=100|height=80]

http://www.jsmineset.com/2011/05/28/the-long-anticipated-rock-and-hard-place-is-here-and-now/print/

[Veritas]

“Long speculated upon in our community, the rock and the hard place has finally become a reality. An economy not accelerating at an accelerating rate is declining at an accelerating rate. The mirage of a recovery is getting harder and harder to MOPE about. It simply is not there. We are entering a declining phase that will not end in any kind of a soft landing.”
[img_assist|nid=15002|title=”Printing More Money”|desc=|link=node|align=left|width=100|height=80]

http://www.jsmineset.com/2011/05/28/the-long-anticipated-rock-and-hard-place-is-here-and-now/print/

[Veritas]

“Long speculated upon in our community, the rock and the hard place has finally become a reality. An economy not accelerating at an accelerating rate is declining at an accelerating rate. The mirage of a recovery is getting harder and harder to MOPE about. It simply is not there. We are entering a declining phase that will not end in any kind of a soft landing.”
[img_assist|nid=15002|title=”Printing More Money”|desc=|link=node|align=left|width=100|height=80]

http://www.jsmineset.com/2011/05/28/the-long-anticipated-rock-and-hard-place-is-here-and-now/print/

[Author]

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