Geithner ‘power grab’ could worry creditors

gldloser

Geithner ‘power grab’ could worry creditors

太长了，就贴其中两段

A draft bill is due to be sent to Congress this week, the Treasury said on Wednesday, which would allow the government to “sell or transfer the assets or liabilities . . . to deal with a derivatives book . . . [and replace a] board of directors.

None of these actions would be subject to the approval of the institution’s creditors or other stakeholders.”

HF参合进来，还是挺热闹的嘛，怪不得有人说这个是”Unregulated institutions bailing out regulated ones“，可怜那些普通投资者了...

meow

Thanks

yaobooyao

This is to save AIG like dead financial companies.

coexist

thanks

fisheatme

真的会通过吗？