Sunday, September 28, 2008
Paulson & Congress: He Made Them an Offer They Couldn't Refuse
EXTORTION
Main Entry: ex·tort
: to obtain (as money) from a person by force, intimidation, or undue or unlawful use of authority or power
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
Extort
1. To wrest from an unwilling person by physical force, menace, duress, torture, or any undue or illegal exercise of power or ingenuity; to wrench away (from); to tear away; to wring (from); to exact; as, to extort contributions from the vanquished; to extort confessions of guilt; to extort a promise; to extort payment of a debt.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
Two definitions of the word "extort."
Labels:
bailouts,
Bernanke,
extortion,
Goldman Sachs,
Paulson
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