[Good thing markets are freer now thanks to the rhetoric of the judiciary!]
http://www.nytimes.com/2015/06/16/business/dealbook/judge-sides-with-ex-aig-chief-greenberg-against-us-but-awards-no-money.html [snip] In his 75-page opinion, Judge Wheeler found that the Fed’s action indeed “constituted an illegal exaction under the Fifth Amendment” and that it “did not have the legal right to become the owner of A.I.G.”But he also ruled “the inescapable conclusion is that A.I.G. would have filed for bankruptcy” without the bailout and “the value of the shareholders’ common stock would have been zero.” [snip
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