Home      Login


Is a U.S. Government Bailout and Subsequent Sale of a Majority Equity Interest an Illegal Exaction?  


Author:  Kevin A. Diehl.


Source: Volume 31, Number 01, Fall 2017 , pp.45-48(4)




Journal of Taxation and Regulation of Financial Institutions

< previous article |next article > |return to table of contents

Abstract: 

The author addresses the facts at issue, relevant authorities, interplay of federal and state rules, and the lower court and appellate decisions in Starr International Co., Inc. v. United States. He then suggests some planning options for shareholders in possible future cases.

Keywords: government bailout, AIG, Federal Reserve, illegal exaction, third-party standing

Affiliations:  1: Western Illinois University.

Subscribers click here to open full text in PDF.
Non-subscribers click here to purchase this article. $15

< previous article |next article > |return to table of contents