The Emergency Economic Stabilization Act's Insurance for Troubled Assets

Description:

Many observers trace the root cause of recent instability in financial markets to uncertainty surrounding the value of widely held securities that are based on mortgages and mortgage-related assets. The introduction of the Emergency Economic Stabilization Act of 2008 (EESA) was designed to address said financial instability through a variety of measures, including an insurance program for "troubled assets." This report briefly summarizes and analyzes the insurance program contained in the enacted version of the EESA.
Creator(s):
Creation Date: October 8, 2008
Partner(s):
UNT Libraries Government Documents Department
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Collection(s):
Congressional Research Service Reports
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Creator (Author):
Webel, Baird
The Emergency Economic Stabilization Act's Insurance for Troubled Assets
Creator (Author):
Government and Finance Division
Publisher Info:
Place of Publication: Washington, D.C.
Original Creation Date: October 8, 2008
Description:

Many observers trace the root cause of recent instability in financial markets to uncertainty surrounding the value of widely held securities that are based on mortgages and mortgage-related assets. The introduction of the Emergency Economic Stabilization Act of 2008 (EESA) was designed to address said financial instability through a variety of measures, including an insurance program for "troubled assets." This report briefly summarizes and analyzes the insurance program contained in the enacted version of the EESA.
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Partner:
UNT Libraries Government Documents Department
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Collection:
Congressional Research Service Reports
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Identifier:
Resource Type: Text
Format: Text