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.
Spitzer and the bond insurers
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Rafael Mangual Project Manager, Legal Policy rmangual@manhattan-institute.org |
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Katherine Lazarski Manhattan Institute klazarski@manhattan-institute.org |