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Spitzer and the bond insurers



Holman Jenkins in today's WSJ wonders whether state officials can wave a coercive wand over the troubled institutions and thus immunize them from charges of fraudulent conveyance should their mortgage clients suffer and their municipal clients walk away whole.

 

 


Rafael Mangual
Project Manager,
Legal Policy
rmangual@manhattan-institute.org

Katherine Lazarski
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.