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On Thu, 30 Oct 2008 23:09:52 -0400, Tag <[log in to unmask]> wrote:

>David:
>
>I'm wondering if there was a constitutional challenge to the act of congress
>that legalized the CDS that was succesful if then the state laws that were
>outlawed by that act but are in essence still in effect would void those
>contracts.
>
>It just seems crazy that from what I can tell this bailout is so that these
>banks can pay out to speculators.

I'm no lawyer, I'd be curious as to the basis of said constitutional challenge. 

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