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Articles of Impeachment? Bear Stearns Buyout Illegal?

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posted on Mar, 26 2008 @ 06:18 PM
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market-ticker.denninger.net... " target="_blank" class="postlink" rel="nofollow"> market-ticker.denninger.net...



"On or about March 16th, 2008, George W. Bush, both personally and through his Treasury Secretary Henry Paulson, caused to be provided to JP Morgan/Chase a bribe(1) ultimately flowing from the United States Treasury in an amount not to exceed $30 billion dollars US, via The Federal Reserve, in order to induce JP Morgan/Chase to assume the liabilities and assets of Bear Stearns and Company at a price not determined in the free market or via public bidding, in violation of the limitations expressly set forth in The Federal Reserve Act of 1913, 12 USC Ch 6.


I am not a law nut, so can someone weigh in on the legality of this?

Thanks



 
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