Summary
As the ink dries on the economic bailout bill approved by Congress last week, questions already are arising about what the courts will do to the legislation.
The bailout lets the courts decide disputes over whether the Treasury Department properly administers the buyout of bad mortgages and debt, then tries to recover some of the money.See the full content of this document
Extract
Bailout Is Just the Beginning
As envisioned by Congress, judicial review is supposed to be a technical matter to resolve routine disputes.
Courts can overturn Treasury Department actions if they...See the full content of this document
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