What about the bailed-out banks’ warrants?

With 10 large banks repaying the public billions in bailout money, it divorces the government from running the banks.  But Treasury still owns stock warrants in those banks, which could become valuable over time.  School of Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, thinks the warrants should be sold on the open market — the sooner the better.

Contact Cornelius Hurley, 617-353-5427, ckhurley@bu.edu

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