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Emergency Economic Stabilization Act of 2008 and Related Developments (PDF)
Groom Law Group
[Guidance Overview] Oct. 23, 2008 4 pages. Excerpt: EESA seems to leave open the possibility that pension plans may be able to take advantage of the TARP to sell troubled assets to the Treasury, but this point is far from clear at this time. In addition to interest in the possibility of participating in TARP, pension plans are major investors and clients of financial institutions. As recipients of trustee, investment management, custody and securities lending services, pension plans are keenly interested in how the measures taken under EESA may affect services provides to plans. MORE >> |
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