Article
The Evolving “Bailout” Proposal – Emergency Economic Stabilization Act Of 2008
The Administration, working with U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, proposed legislation last week that would provide for the U.S. government’s purchase of $700 billion of illiquid mortgage and other assets currently held on the books of U.S. financial institutions.
Sutherland Asbill & Brennan LLP






