Tuesday, September 30, 2008

Congress Responds to Failure of the Emergency Economic Stabilization Act of 2008

Two Democratic committee chairs, Senate Banking Committee Chairman Chris Dodd and House Financial Services Committee Chairman Barney Frank, have each offered alternate versions of the proposed legislation for consideration.  

Members of Katten's Troubled Asset Relief Program (TARP) Task Force have outlined the material differences between the new drafts and the version that failed at (registration required):  http://www.mondaq.com/article.asp?articleid=66722&email_access=on</