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Public Enemies

Written By mista sense on Tuesday, June 16, 2009 | 11:29 AM




The LA Times' Jim Puzzanghera reports:

Under the plan, expected to be released Wednesday, the government would have new powers to seize key companies -- such as insurance giant American International Group Inc. -- whose failure jeopardizes the financial system. Currently, the government's authority to seize companies is mostly limited to banks.

And soon, these guys will be running the media, too.

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