A Guide to the Financial Bailout Legislation
19 Pages Posted: 15 Oct 2008 Last revised: 16 Oct 2008
Date Written: October 14, 2008
This paper summarizes and comments on the major provisions of the Emergency Economic Stabilization Act of 2008, grouping the subjects covered as follows: (1) General Nature and Scope of the Bailout Program; (2) Procedures for Purchase and Sale of Assets; (3) Insurance Program; (4) Executive Compensation; (5) FDIC-Related Provisions; (6) Foreclosure Mitigation/Management Guidelines; (7) General Regulatory Reform; (8) Oversight; (9) Additional Provisions.
Keywords: credit crisis, financial bailout, emergency economic stabilization act
JEL Classification: G18
Suggested Citation: Suggested Citation