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: Law Blog - WSJ.com

Judicial Oversight of the Bailout Plan? Fuggedaboudit

By Dan Slater

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Congress is still engaged in a tug-o-war over the parameters of The Bailout Plan — the Bush administration’s proposal to provide the Treasury Department with $700 billion to take toxic assets, such as bad mortgages and mortgage-related securities, off Wall Street’s hands. (Can we still call it Wall Street?) But one aspect of the deal looks clear: According to draft legislation, agencies and courts are specifically barred from reviewing Treasury Secretary Hank Paulson’s h read more

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Full post as published by Law Blog - WSJ.com on September 22, 2008 (boomark / email).

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