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Re: austin01 post# 675175

Wednesday, 01/05/2022 7:54:33 PM

Wednesday, January 05, 2022 7:54:33 PM

Post# of 729623
The FDIC (which is the federal government) took WaMu, so I would say yes, they have to ensure "just compensation" for what they took.

The Fifth Amendment of the United States Constitution includes a provision known as the Takings Clause, which states that "private property [shall not] be taken for public use, without just compensation."


http://www.progressivereform.org/our-work/energy-environment/persptakings/
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