Antitrust In A Time Of Economic Crisis

Law360, New York (October 31, 2008, 12:00 AM EDT) -- Throughout this year, and most particularly in the last few months, the American economy has faced traumatic restructurings in its financial markets. We have seen federal government bailouts of Bear Stearns, Fannie Mac, Freddie Mae, and AIG; the bankruptcy demise of Lehman Brothers; and the federally brokered take-over of commercial banks, such as Washington Mutual.

After warning of a total credit meltdown, Federal Reserve chief Bernanke and Secretary of Treasury Paulson finally succeeded in getting from Congress a 700 billion dollar financial markets rescue plan....
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