LATEST ANALYSIS
September 29, 2008
Show Me the Money: TARP, RTC & How Their Mechanics Drive Profits
As is well known by the time of publication, lawmakers are attempting to put through a bailout plan, intended to save the U.S. financial markets. Titled the Emergency Economic Stabilization Act of 2008 (EESA), its creation has led to a series of cautious cheers emanating from Washington. These are not undeserved, given the depth of uncertainty and gloom otherwise pervading.
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