Professor Meltzer Sees Fed Setting `Terrible Precedents'

Sept. 17 (Bloomberg) -- Allan Meltzer, a professor of political economy at Carnegie Mellon University, talks with Bloomberg's Tom Keene from Washington about the U.S. government's $85 billion loan to American International Group Inc., financial market regulations and calls for a Resolution Trust Corp.-type institution to intervene in U.S. debt markets.

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