TARP and the Various Federal Tent Poles: Will it be Enough?

Morrison & Foerster LLP
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There are daily, and sometimes hourly, changes in the regulatory environment and governmental reaction to the current banking and financial market crisis. A pivotal point in the process has been the recent enactment of the Emergency Economic Stabilization Act of 2008. We have taken a snapshot of where we are today and provide an overview of significant governmental actions taken during 2008.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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