The FDIC’s Temporary Liquidity Guarantee Program (the TLG Program), which guarantees certain senior unsecured debt issued by eligible banking institutions and provides unlimited deposit...
In the wake of intense pressure in the global credit markets and continued turmoil in the stock markets, the US Treasury Department, in coordination with other G-7 governments, yesterday ...
As anyone who has been near a television screen, a newspaper or the Internet this past week knows, the Emergency Economic Stabilization Act of 2008 (the “Act”) was enacted under enorm...
On Saturday, September 20, the US Treasury sent Congress a draft of proposed legislation which would permit the US Treasury to set up a program to purchase troubled assets from financial ...
At an open meeting yesterday morning, the SEC voted to adopt a number of new rules pertaining to reporting enhancements for foreign companies that are SEC registrants. The SEC also voted ...
As has been widely discussed in the financial press, on July 28, 2008, Treasury Secretary Henry Paulson announced the Treasury Department’s support for covered bonds as “a promising f...
