With action by the House of Representatives Monday, legislation creating an independent commission to examine the causes of the financial crisis has now passed both houses of Congress, an...
With action by the House of Representatives Monday, legislation creating an independent commission to examine the causes of the financial crisis has now passed both houses of Congress, an...
In March 2008, the Paulson Treasury issued its Blueprint for a Modernized Financial Regulatory Structure (the “Paulson Blueprint”), in which Treasury recommended the establishment of ...
The reorganization or liquidation of most types of companies is governed in the United States by a single federal law—the US Bankruptcy Code (the “Bankruptcy Code”). As a result, no...
It has been obvious for some time that the outdated US system of financial regulation is badly in need of reform. There have, however, been limited opportunities to unblock the political ...
The long awaited public-private investment program announced by Secretary Geithner on March 23, 2009 contains two key components: a securities purchase program, designed to remedy the ill...
In an open meeting held on March 17, 2009, the Board of Directors of the Federal Deposit Insurance Corporation adopted an Interim Rule that extends the Debt Guarantee Program component of...
Two weeks after the US government first announced its Financial Stability Plan, the US Treasury Department and the Federal Reserve, on February 25, 2009, released more information about t...
In an open Board meeting on Friday, February 27, 2009, the Federal Deposit Insurance Corporation (the “FDIC”) is expected to discuss a modification to the Temporary Liquidity Guarante...
The US Treasury Department’s Financial Stability Plan (the “Plan”), as announced by Treasury Secretary Geithner on February 10, 2009, and as further elaborated in his congressional ...