S&C’s Financial Markets Resource Center provides you with the most up-to-date information, news, publications, events and speaking engagements relating to the global credit crisis. For more information about S&C’s advisory roles in the global credit crisis, please visit Financial Institutions.
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The Emergency Economic Stabilization Act of 2008 (“EESA”) — enacted October 3, 2008 (H.R. 1424; Public Law No. 110-343) — authorizes the U.S. Department of the Treasury to spend up to US$ 700 billion to purchase and insure “troubled assets” and other financial instruments of eligible financial institutions. EESA also includes provisions that encourage mortgage loan modifications and limit executive compensation at participating financial institutions.
Emergency Economic Stabilization Act of 2008 (Public Law No. 110-343)
U.S. Department of the Treasury Main Site for EESA
Forms of Federal Reserve Lending Chart