Have you heard what Hank Paulson has done now?

Section 382 is a tax-code provision ped by Congress 22 years ago banning a scam whereby bug banks shunt their losing deals into dummy companies, then take over those companies and deduct the losses from their own taxable incomes. Hank has unilaterally,autocratically, and illegally repealed Section 382. He didn't inform congress, much less consult with lawmakers, about his astonishing usurpation of power.