i hope millstein's plan flies.
will get me out of my marriage travails!
PS -- I SWEAR i'm not electioneering, but I strongly believe a romney administration will forcefully advocate the AIG scenario proposed here. it makes total sense to guys that think like romney.
a republican House will make it difficut on the "kill" ideology and a democrat Senate will like to continue sucking the teat.
but, while all debate, the Treasury can ammend the terms and release from conservatorship without congressional approval, since that is already enshrined in the 2008 Act. Millstein advocates Congress passing a law to mandate his plan because that would compel treasury to do it.
but if no law, methinks Romeny will follow the plan anyway, and Obama will advocate the teat sucking.