Congress approved the Emergency Economic Stabilization Act of 2008 on October 3rd.
VOA: special.2009.01.02
Writing this blog on the Sunday after the Emergency EconomicStabilizationAct (EESA) has become law, has caused me to think through my immediate reactions and my long term investment strategies.
The bill, called the Emergency EconomicStabilizationAct of 2008, faces its first hurdle later on Monday when the House votes on it, says the BBC's Justin Webb in Washington.
In October 2008, under the Emergency EconomicStabilizationAct, Congress and the Treasury Department took the first steps to limit compensation at companies receiving investments under the Troubled Asset Relief Program.