Global: Crisis update - what’s next? |
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Events over the past few days: The US House of Representatives on Friday voted yes to the Emergency Economic Stabilization Act (EESA) already approved by the Senate (for further details see Flash Comment - USA: Senate votes yes to revised plan, House to vote again on Friday and Flash Comment - USA: Deal struck but uncertainty has risen) including the Treasurys Troubled Assets Relief Program (TARP), which can finally be put to work. The EESA gives the Treasury a maximum of 45 days to set up
Filed under: Fundamental
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