Commentary: Legal concerns of PPIP must be addressed

04/10/2009 | Wall Street Journal, The

Michael Pereira, publisher of the Hedge Fund Law Report, explains that several legal concerns must be considered to make the government's troubled-asset plan work. For example, Pereira writes, hedge fund managers and others involved in the Public-Private Investment Program must be reassured about the reliability and consistency of the government as their investment partner. Pereira also notes concerns about taxation and business autonomy.

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