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The Emergency Economic Stabilization Act of 2008: Summary, Analysis and Implementation (PDF)
Paul, Hastings, Janofsky & Walker LLP
[Guidance Overview] Oct. 14, 2008
11 pages. Excerpt: Despite its passage, the EESA raises various issues that remain to be worked out by Treasury. These include uncertainty regarding the actual mechanism and pricing of troubled assets to be purchased and the timing of such purchases. Congress also imposed various conditions, including limits on the funding mechanism, greater Treasury oversight and accountability for the program, and limits on executive compensation, that must be resolved in implementing the new law.
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