Description
This book is a comprehensive reference on the Emergency Economic Stabilization Act of 2008 (EESA). It also includes analysis of the American Recovery and Reinvestment Act of 2009 (ARRA) as signed into law on February 17, 2009. The authors analyze both acts and the current regulatory and political environment. They explain the complicated financial instruments and structures that EESA seeks to regulate and remedy, the various policies related to and authorized by EESA, and the practical impact of the legislation in the marketplace. They also untangle the details of the 2009 stimulus package including what the tax and funding provisions target.
Features
- Analyzes the complicated financial instruments and structures that EESA seeks to regulate
- Discusses the economics of the subprime mortgage crisis
- Includes the full text of EESA, the original Treasury proposal, and the redline version of the bill
- Compares the American Recovery and Reinvestment Act of 2009 (ARRA) as signed into law and as proposed
- Analyzes every section of the Emergency Economic Stabilization Act (EESA) and explains the details of the 2009 stimulus package
- Discusses the future of EESA, including current and expected legislation to amend the Troubled Asset Relief Program
- Uses graphs to illustrate the financial environment and its interaction with EESA's drafting and passage