On April 6, Governance Studies at Brookings hosted a conversation to shed light on the legal and political questions raised by the policy responses to the financial crisis, including the controversies over the Fed’s rescue of Bear Stearns, TARP’s unexpected turn to capital injections, the profusion of Federal Reserve facilities, the bankruptcies of Chrysler and GM, and the extended public ownership of AIG, Fannie Mae, and Freddie Mac.
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