JURIST Supported by the University of Pittsburgh

THIS DAY AT LAW
Today in legal history...

Sunday, October 03, 2010

US House passed financial rescue legislation
Dwyer Arce at 12:00 AM ET

On October 3, 2008, The US House of Representatives voted 263-171 to approve the Emergency Economic Stabilization Act of 2008, a $700 billion financial rescue bill. The bill authorized the Treasury Department to establish a Troubled Assets Relief Program (TARP) to purchase troubled assets from financial institutions and to provide insurance and guarantees for any troubled asset originated before March 14, 2008. The act established the Financial Stability Oversight Board to review Treasury actions taken under the legislation.

Learn more about the global financial crisis from the Financial Times.




Link post | IM post | go to JURIST | © JURIST, 2010


LATEST DAYS

 Embargo Act passed, banning foreign trade
December 22, 2014

 Dreyfus convicted of treason
December 22, 2014

 click for more...

SYNDICATION

Add This Day at Law to your RSS reader or personalized portal:
  • Add to Google
  • Add to My Yahoo!
  • Subscribe with Bloglines
  • Add to My AOL

E-MAIL

Subscribe to This Day at Law alerts via R|mail. Enter your e-mail address below. After subscribing and being returned to this page, please check your e-mail for a confirmation message.
MyBlogAlerts also e-mails alerts of new This Day at Law entries. It's free and fast, but ad-based.

CONTACT

This Day at Law welcomes reader comments, tips, URLs, updates and corrections. E-mail us at archives@jurist.org