Emergency Economic Stabilization Act

Author(s)

• Vázquez, Nikola

Bibliographic Information

Emergency Economic Stabilization Act

Nikola Vazquez, editor

（Financial institutions and services）

Nova Science Publishers, c2010

• : hardcover

Note

Includes bibliographical references and index

Description and Table of Contents

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. Losses on these securities have led to the unexpected and relatively sudden failure of several large financial institutions. Credit markets have nearly frozen at times as financial institutions demanded very high interest rates on traditionally routine short-term lending. While there is limited evidence that financial turmoil has caused widespread damage in the broader economy, it is feared that significant real economic effects may be forthcoming, particularly if credit markets remain frozen. This book highlights The Emergency Economic Stabilization Act (EESA), established as law on October 3rd 2008, in response to these economic fears. The Act The Troubled Assets Relief Program (TARP), created by this Act, is also analysed. Furthermore, the insurance program contained in the enacted version of the EESA is briefly summarised and analysed. This is an edited, excerpted and augmented edition of various government publications.

Table of Contents

• Preface
• Emergency Economic Stabilization Act: Preliminary Analysis of Oversight Provisions
• The Emergency Economic Stabilization Act and Current Financial Turmoil: Issues and Analysis
• Reporting Requirements in the Emergency Economic Stabilization Act of 2008
• "Fast Track" Parliamentary Procedures of the Emergency Economic Stabilization Act
• The Emergency Economic Stabilization Act's Insurance for Troubled Assets
• The Special Inspector General for the Troubled Asset Relief Program (SIG TARP)
• Index.

by "Nielsen BookData"

Details

• NCID: BB02619595
• ISBN:
  • 9781607413271
• LCCN: 2009031686
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: New York
• Pages/Volumes: xv, 136 p.
• Size: 24 cm
• Classification:
  • LCC : KF969.582008
  • DC22 : 346.73/082
• Subject Headings:
  • LCSH : United States. Emergency Economic Stabilization Act of 2008
  • LCSH : Banking law -- United States
  • LCSH : Global Financial Crisis, 2008-2009
• Parent Bibliography ID:
  • BA7268640X