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Legal Commentary

: Althouse

"Administration officials were greeted with sarcasm and laughter Monday night when they briefed lawmakers and congressional staff..."

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"... on Treasury Secretary Tim Geithner's new financial-sector bailout project... The laughter was at its height when Obama officials explained that the White House planned to guarantee a wide swath of toxic assets ? which they referred to as "legacy assets" ? but wouldn't be asking Congress for money."

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Full post as published by Althouse on February 10, 2009 (boomark / email).

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