Law Librarian Blog: Crowdsourcing the Legality of the Federal Bailout of AIG

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September 19, 2008

Crowdsourcing the Legality of the Federal Bailout of AIG

On Legal Blog Watch, Carolyn Elefant surveys the issues presented in the law blogosphere:

What specific statutory provisions authorized the Federal Reserve to make an $85 billion loan to AIG?
Is the AIG deal a loan or a takeover?
Can a court review the Fed's decision to bailout AIG?
As a matter of policy, was the AIG deal the right thing to do?

[JH]

September 19, 2008 in News | Permalink