On Tuesday, February 10, 2009, U.S. Treasury Secretary, Timothy Geithner, unveiled a new plan (“Plan”) designed to address the U.S. credit crisis and restore stability to the nation’s financial system. While many details are still to be released, the Plan will deliver as much as $2 trillion to the U.S. financial markets through the following four key elements: (more…)
Bracewell's Economic Recovery Task Force blog is a valuable resource to help financial institutions, private investment funds, institutional investors and other market participants navigate the myriad legislative, regulatory and enforcement challenges of today.
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Treasury Secretary Unveils New Plan
February 11th, 2009Category: Financial Regulation, Financial RestructuringTags: Capital Assistance Program, FDIC, Federal Reserve System, financial, Public-Private Investment Fund, SEC, TALF, treasury |