Emergency Economic Stabilization Act of 2008

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Emergency Economic Stabilization Act of 2008

Legislation in the United States that authorized $700 billion for the government to purchase high risk assets (particularly mortgage-backed securities) from banks and other financial institutions to keep these institutions from collapsing due to defaults. It also allowed this money to be used to provide capital directly to banks. The Act was passed because it was thought that the U.S. (and indeed the global) financial industry was on the verge of collapse because of excessive risk taking. It is widely considered a bailout of American (and some foreign) banks. See also: Late 2000s recession.
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Global Electric Motorcars, a wholly owned subsidiary of Chrysler Group LLC, is pleased to announce that all GEM battery-electric vehicle models have been certified to the Internal Revenue Service (IRS) for the Qualified Plug-In Electric Drive Motor Vehicle Credit, part of the Emergency Economic Stabilization Act of 2008.
Cobb had a successful 10-year career at Deutsche Bank (DB), where he most recently served as managing director on special assignment to the Office of the CEO of DB Americas, focusing on the Emergency Economic Stabilization Act of 2008.
It is designed to assist customers in complying with their broker basis reporting requirements under the Emergency Economic Stabilization Act of 2008 (EESA) by helping to retrieve important corporate actions that can affect cost basis and to calculate adjusted cost basis.
Proxy System; reviews the changes in cost-basis record keeping and reporting taking effect at the beginning of next year under the Emergency Economic Stabilization Act of 2008; and recaps changes in tax withholding laws and escheatment practices being enforced by a number of states.
These factors include (1) difficult and adverse conditions in the global and domestic capital and credit markets, (2) continued volatility and further deterioration of the capital and credit markets, (3) significant changes in banking laws or regulations, including, without limitation, as a result of the Emergency Economic Stabilization Act, (4) continued uncertainty about the impact of the U.
There can be no assurance that Cathay General Bancorp will be able to complete the public offering on the anticipated terms, or at all, as a result of these risks and uncertainties and other factors, which include, but are not limited to, adverse developments or conditions related to or arising from: significant volatility and deterioration in the credit and financial markets; adverse changes and disruption in general economic conditions and the capital markets; the effects of the Emergency Economic Stabilization Act, difficult conditions in the U.
assurance of staying abreast of regulatory requirements, Aspire Portfolio Accounting provides all the cost-basis tracking and reporting required, beginning in 2011, by the Emergency Economic Stabilization Act of 2008
The House bill extends several provisions affecting individuals through the 2010 tax year, among them the itemized deduction for state and local sales taxes, the additional standard deduction for state and local real estate property taxes, the above-the-line deduction for qualified tuition and related expenses, the above-the-line teacher's classroom expenses deduction, the ability to make tax-free distributions from IRAs for charitable purposes and an extension of special provisions on disaster losses first enacted in 2008 as part of the Emergency Economic Stabilization Act.
Cohen worked on regulatory aspects of the Emergency Economic Stabilization Act of 2008 with senior government officials, and S&C has represented Goldman Sachs, JPMorgan Chase and The Bank of New York Mellon, three of the initial nine financial institutions participating in this program, as well as numerous institutions in the "second wave.
This legislation parallels the highly successful Federal New Markets Program, which Congress recently expanded to $26 billion as a part of the Emergency Economic Stabilization Act.
Guidelines for the Making Home Affordable program, which is part of the Emergency Economic Stabilization Act of 2008, were announced on March 4, 2009.
Treasury and the Board of Governors of the Federal Reserve System and any policies or programs implemented pursuant to the Emergency Economic Stabilization Act of 2008, the quality or composition of the loan or investment portfolios, demand for loan products, deposit flows and funding costs, competition, demand for financial services in our market area and accounting principles, policies and guidelines.

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