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October 07, 2008

Barn doors and horses — AIG bailout finally gets Congressional look-see

It’s too bad the House didn’t think of looking at Henry Paulson’s AIG bailout, for the various reasons of regulatory mistakes, Paulson’s possible conflicts of interest or other issues BEFORE the big bailout, but late is perhaps fractionally better than never.

That said, the Congressional examination will surely be structured in a way so as not to look at Congress’ role in this.

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