This is a print on demand edition of a hard to find publication. Contents: (1) Intro.; (2) Troubled Assets Relief Program (TARP): Provisions of TARP: Asset Purchase; Asset Insur.; Program Size; Private Equity and Debt Considerations; Oversight Provisions; Assistance to Homeowners; Exec. Compensation; Mark-to-Market Accounting; Increase in Deposit Insur.; Treasury Actions Since Enactment; Asset Purchase and Insur.; Preferred Share Purchase; Homeowners¿ Assistance; Auto Mfrs.; Consumer Asset-Backed Securities; (3) Potential Causes of Financial Instability; (4) Sources of Current Market Turmoil; Mortgage Defaults, and Asset Prices; Liquidity and Uncertainty; Capital Adequacy and Leverage; (5) Evidence of the Real Effects of Financial Market Turmoil; Tightening Credit Markets. Illus.

The Emergency Economic Stabilization Act of 2008 represents a history-making effort by the Federal Government to bring stability to the financial markets. The Acts ultimate success will be judged and debated for years to come. This book provides an in-depth look at the EESA and the various provisions that will impact our markets. Leading lawyers from Gordon & Rees LLP analyze Title I - Troubled Assets Relief Program, Title II - Budget-Related Provisions, and Title III - Tax Provisions of the Act, and provide the reader with the critical insight necessary to understand this new piece of legislation. These experts interpret these key provisions of the Act, providing commentary on how each section translates in the real world and enabling fellow attorneys to best serve clients most affected by this bailout.

Emergency Economic Stabilization Act: one year later : hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Eleventh Congress, first session, on examining the effects of the Emergency Economic Stabilization Act after one year, September 24, 2009.

Many observers trace the root cause of recent instability in financial markets to uncertainty surrounding the value of widely held securities that are based on mortgages and mortgage-related assets. Losses on these securities have led to the unexpected and relatively sudden failure of several large financial institutions. Credit markets have nearly frozen at times as financial institutions demanded very high interest rates on traditionally routine short-term lending. While there is limited evidence that financial turmoil has caused widespread damage in the broader economy, it is feared that significant real economic effects may be forthcoming, particularly if credit markets remain frozen. This book highlights The Emergency Economic Stabilization Act (EESA), established as law on October 3rd 2008, in response to these economic fears. The Act The Troubled Assets Relief Program (TARP), created by this Act, is also analysed. Furthermore, the insurance program contained in the enacted version of the EESA is briefly summarised and analysed. This is an edited, excerpted and augmented edition of various government publications.

This CCH publication reproduces the full text of the entire bill known as the Emergency Economic Stabilization Act of 2008, and the Joint Committee on Taxation technical explanation of the act, explaining the current law, the changes made, and when each of these changes will go into effect. This Explanation indicates legislative intent and is particularly helpful pending the issuance of final regulations in areas where the Code is unclear. The full text of the bill is included, not just those provisions that amend the Internal Revenue Code. This bill text, along with the technical explanations by the JCT, make this volume indispensible in any tax library.

This report discusses the Emergency Economic Stabilization Act of 2008, which provides authority for the Secretary of the Treasury to purchase and insure "troubled assets" to provide stability and prevent disruption in the economy and financial system.